by Charles Purdy | Jan 29, 2024
It’s the start of a week where the pound is about as strong against the euro as any Monday morning since August 2022. To lock that near 18-month high in, call your account manager on 020 8108 5163. The reason for the pound’s boost was the relative positivity – at...
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by Jonathan Cook | Jan 29, 2024
It was a good week for sterling, which ticked up against both the euro and the US dollar. The Bank of England makes its latest interest rate decision this week, amid an improving economic outlook. Last week’s PMI data showed that activity was proving relatively...
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by Jonathan Cook | Jan 29, 2024
The euro recorded marginal losses against the US dollar and a 0.6% dip against the pound in last week’s trading. It’s another busy week for European data, as we’ll get a barrage of inflation and GDP figures. Christine Lagarde said inflation was easing last week, and...
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by Jonathan Cook | Jan 29, 2024
The US dollar lost around 0.5% to the pound last week, while USD/EUR advanced by a quarter of a per cent. The Federal Reserve is widely expected to be the first to cut interest rates this year, but we may have to wait a little longer. Chair Jerome Powell has been...
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by Jonathan Cook | Jan 29, 2024
Sterling finished Friday on a high, gaining around half a per cent against the US dollar and slightly more than that against the euro over the course of the week. GBP/EUR at times threatened to reach its highest rate for over a year last time out, boosted by central...
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