Sterling slides after UK inflation reaches 2.6%

UK inflation ticked up again in November to reach 2.6%, its highest mark since March. Higher costs of recreation and leisure (things like live music tickets and computer games) along with housing and utilities were the main drivers of the increase. The pound lost a...


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EUR: Mixed messages

German businesses and consumers seem to be singing from two entirely different hymn sheets. Consumers are looking forward to the promise of a new government but businesses seem to be more realistic about short-term pain. Germany’s upcoming elections – now set for late...


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GBP: Strong start but risks still to come

The pound has had a very good few days that have seen it climb against its main rivals. It’s still too soon to say if sterling is out of the woods yet, although there is a sharpening light at the end of what is proving to be a rather hectic week on the data front....


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UK inflation reaches 2.6%

UK inflation reaches 2.6%

UK inflation ticked up again in November to reach 2.6%, its highest mark since March. Higher costs of recreation and leisure (things like live music tickets and computer games) along with housing and utilities were the main drivers of the increase. The pound lost a...


read more

USD: Quiet before the storm

The US will see just one significant data release before tonight’s Fed meeting, which comes in the shape of preliminary building permits. The Federal Reserve is expected to cut interest rates by 0.25%, a move that could have a powerful effect on the US dollar...


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