by Charles Purdy | Nov 14, 2023
The dollar was the worst performer of the major currencies yesterday, slipping by 0.35% against the pound. New interest rate predictions from major banks forecast that the Federal Reserve will make deep interest rate cuts over the next two years as inflation continues...
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by Charles Purdy | Nov 14, 2023
The euro gained against all but the pound yesterday. There hasn’t been a great deal of economic data for the markets to chew on, but that changes today. Later this morning we will see the latest quarterly GDP figures for the eurozone. If, as expected, this shows...
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by Charles Purdy | Nov 14, 2023
Sterling has strengthened across the board at the start of the week, following what the markets apparently see as reassuring news – centrists taking more power in the heart of government – and a strong labour market continuing, with earnings outpacing inflation....
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by Charles Purdy | Nov 14, 2023
The pound gained 0.25% against the euro and a little more against the US dollar in Monday’s session as prime minister Rishi Sunak reshuffled his cabinet. This morning’s unemployment data, and continued rise in earnings above inflation, has further boosted sterling....
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by Julian Benson | Nov 13, 2023
The greenback notched gains against the pound and the euro last week but faces more uncertainty this time around, given renewed fears of a government shutdown. The University of Michigan consumer sentiment index dropped much more sharply than expected, down to 60.4...
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