by Julian Benson | Aug 31, 2023
The pound gained close to 0.8% against the US dollar yesterday as investors reacted to lower-than-expected jobs data from the US and Wednesday’s GDP results. Sterling has continued to climb this morning. The US economy grew less than expected in the second quarter of...
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by Julian Benson | Aug 30, 2023
Yesterday, the pound made marginal movements against its major rivals as economic and political data remained light. Against the US dollar, sterling is currently hovering around its weakest level since mid-June. In the US, economists heard the number of job openings...
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by Julian Benson | Aug 30, 2023
Real wages in Germany increased 0.1% year-on-year during the second quarter of 2023, following a 2.3% decline in the first three months of the year.
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by Julian Benson | Aug 30, 2023
Off the back of disappointing job openings data, the number of job quits in the US decreased by over a quarter of a million people to 3.549 million in July – the lowest reading in 28 months. For more on currencies and currency risk management strategies, please get in...
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by Julian Benson | Aug 30, 2023
The pound soared to a three-year high against the Australian dollar yesterday and remains just shy of that mark this morning. However, economists believe the British economy and an interest rate hike from the Bank of England in September could pose a...
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