by Charles Purdy | Apr 12, 2024
Sterling has hit a two-week high against the euro this morning following news that the British economy is continuing to head out of recession. GBP/EUR had already been boosted yesterday afternoon, following the European Central Bank (ECB) opting to keep interest rates...
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by Julian Benson | Apr 11, 2024
The euro remains under pressure this week as policymakers at the European Central Bank seem primed to deliver more interest-rate cuts than their American peers. This afternoon, the ECB is expected to keep rates unchanged at 4.5% but may shed light on when the first...
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by Julian Benson | Apr 11, 2024
On Friday morning investors will hear whether UK GDP flatlined in February, as forecasts suggest. This comes following 0.2% growth in January.
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by Julian Benson | Apr 11, 2024
As of late last week, the average contract interest rate for a 30-year fixed-rate mortgage rose by 10 basis points to 7.01%, soaring to the highest level in five weeks according to the Mortgage Bankers Association...
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by Julian Benson | Apr 11, 2024
Markets were awry yesterday as the US inflation accelerated more than expected to 3.5% in March, compared to 3.2% in February and forecasts of 3.4%. The US dollar soared over one per cent against the pound and euro following this announcement and the USD/GBP pairing...
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