by Julian Benson | Oct 23, 2023
On Thursday, the European Central Bank will meet to decide whether to raise interest rates from 4.5%. Economists have priced in a pause in rate hikes as Lagarde hinted last week.
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by Julian Benson | Oct 23, 2023
Tomorrow morning the UK unemployment rate is expected to remain unchanged at 4.3%.
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by Julian Benson | Oct 23, 2023
The pound extended its losses against the US dollar last week as UK retail sales and consumer confidence dropped. However, the US dollar failed to regain strength as major stocks fell amid concerns about an escalation in the Israel and Gaza conflict. Compared to last...
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by Charles Purdy | Oct 23, 2023
What will this week be like for sterling against the euro and US dollar, after a 1% or more drop between Monday evening and Friday morning last week? The pound has remained stable, and even recovered a little since then, but those same pressures remain. Which are,...
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by Charles Purdy | Oct 20, 2023
The dollar went in all sorts of directions yesterday as comments from Federal Reserve chair Jerome Powell and other policymakers on the Fed’s interest-rate-setting committee the FOMC were considered. From tomorrow the members of the FOMC go into a blackout period...
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