by Julian Benson | Nov 16, 2023
The renminbi and yen are at their weakest against the US dollar since 2008 and 1990, respectively. While US president Joe Biden and his Chinese counterpart, Xi Jinping met on Wednesday, it’s unlikely exchange rates were the topic of choice. The Financial Times...
read more
by Julian Benson | Nov 16, 2023
European stocks remained mixed on Thursday as investors stopped to consider the effects of easing inflation on major eurozone economies. Frankfurt’s DAX 40 extended its gains for a fourth consecutive session yesterday, surging 0.4%, marking its highest levels since...
read more
by Julian Benson | Nov 16, 2023
As UK inflation fell to 4.6% in October, the Office for National Statistics revealed that food and non-alcoholic drinks dropped 10.1% in October, down from 12.2% in September. Milk prices dropped 1.8% and butter prices dropped 6.1%, while sugar prices are currently...
read more
by Julian Benson | Nov 16, 2023
The pound lost a third of a per cent against the US dollar and euro following softer-than-expected UK inflation figures and a mixed bag of US data. The Canadian dollar rose higher yesterday as investors debated the risk sentiment surrounding the US dollar as multiple...
read more
by Charles Purdy | Nov 15, 2023
The pound climbed sharply upwards yesterday, gaining close to 2% on the US dollar and more than 1% on the yen and Canadian dollar. The rise against the euro was more modest, at a quarter of a percent, but welcome nonetheless after days of declines. To take advantage,...
read more
