by Charles Purdy | Nov 27, 2023
The pound gained over 0.75% against the euro last week and well over 1% against the US dollar. The main reasons for that were the apparent continued health of the UK economy compared to Europe’s, as evidenced by the Purchasing Managers Index (PMI), and consumer...
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by Jonathan Cook | Nov 27, 2023
The US dollar shed some value against rival currencies as investors continued to bet that the Fed is nearing the end of its tightening cycle. Wednesday’s data on quarterly GDP growth will be a major barometer for the impact of interest rates on economic activity....
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by Jonathan Cook | Nov 27, 2023
The pound rose to near three-month highs against the US dollar while also advancing around a cent on the euro last week. There isn’t that much in the way of UK data for us to dive into this week, but Wednesday will provide an insight into housing. The market is mixed...
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by Jonathan Cook | Nov 27, 2023
The euro had a mixed week, losing value against the pound but ending Friday up around half a percent on the US dollar. There are four individual inflation releases scheduled for this week, with figures due out from Italy, France, and Germany, as well as the wider...
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by Jonathan Cook | Nov 27, 2023
The pound enjoyed a strong week last time out, ending Friday around two cents up against the US dollar and nearly 1% up against the euro. Sterling is now trading at its highest level since early September, so if you’re looking to take advantage of the shift please do...
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