by Charles Purdy | Feb 2, 2024
In a fairly frantic day yesterday, sterling swung by over 1% against the US dollar while continuing to flirt with an 18-month high against the euro. The Bank of England (BoE) opted, like its European and US counterparts and as expected, to keep interest rates on hold....
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by Jonathan Cook | Feb 1, 2024
The euro dipped against the pound and treaded water against the US dollar in yesterday’s trading. There is a long list of interesting data coming out of the eurozone today. Core and headline inflation are probably the pick of the bunch, but unemployment data will also...
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by Jonathan Cook | Feb 1, 2024
The US dollar lost around 0.5% to the pound yesterday and was little changed against the euro, before the Federal Reserve’s decision boosted the dollar in overnight trading. Private companies filled 107k positions in January, far fewer than had been expected. Experts...
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by Jonathan Cook | Feb 1, 2024
The pound made gains against its major rivals yesterday ahead of the Bank of England’s interest rate decision today. If you’re looking to buy a house in the UK, you may perhaps have calculated that the smartest choice was to wait for prices to collapse. Well, there’s...
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by Jonathan Cook | Feb 1, 2024
The euro rally ended in resounding fashion yesterday, as GBP/EUR shook off a poor Tuesday to claw back much of its losses. Sterling was the bully in the playground on Wednesday as it bulldozed its way to a 0.5% gain over the US dollar at the same time. The dollar is...
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