by Jonathan Cook | Apr 15, 2024
The UK economy grew by 0.1% in February, despite a miserably wet and windy month. Manufacturing and services both suffered as a result of the weather, but it was not enough to totally dampen economic activity. GBP/USD: the past year 1 Min 5 Min 1 Hr...
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by Jonathan Cook | Apr 15, 2024
The UK economy recorded its second consecutive month of growth in February as GDP expanded by 0.1%. That figure may seem paltry, but it could prove all important as the UK looks to emerge from its technical recession in a rapid manner. Not that good news on the GDP...
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by Christopher Nye | Apr 12, 2024
The US dollar is still riding high against all comers this morning, unimpressed so far by the UK’s continued emergence from recession. USD/GBP is 0.66% up over the week and a good 2% over the month. The week ends with Michigan Consumer Sentiment this afternoon and...
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by Christopher Nye | Apr 12, 2024
The euro remains on the backfoot following ECB President Christine Lagarde’s pointed refusal to be influenced by the USA’s rising inflation level, and the single currency duly has weakened by around a quarter of a percent almost across the board over the past 24...
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by Christopher Nye | Apr 12, 2024
Following this morning’s boost to GBP caused by the GDP data, sterling enters another round of high-impact data next week, starting with unemployment and earnings on Tuesday and inflation on Wednesday. GBP/EUR past year 1 Min 5 Min 1 Hr 1 Day 1 Wk 1 MthFrom To...
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