by Julian Benson | Nov 20, 2023
Market sentiment surrounding the Federal Reserve’s policy expectations kept the US dollar on the back foot last week. The dollar index hovered around its lowest levels in 11 weeks this morning as the Fed’s dovish sentiment added pressure to investors. For more on...
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by Julian Benson | Nov 20, 2023
Today, BoE governor Andrew Bailey will speak at the Henry Plumb memorial lecture however, it’s unlikely he’ll shed light on monetary policy in his speech. GBP/USD: the past year 1 Min 5 Min 1 Hr 1 Day 1 Wk 1 MthFrom To...
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by Julian Benson | Nov 20, 2023
In Germany, producer prices dropped 11% in October, in line with expectations and marking the fourth consecutive month of falling prices, largely due to a base effect from last year.
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by Julian Benson | Nov 20, 2023
The pound gained 1.7% against the US dollar last week following disappointing macroeconomic data releases from the US which made it difficult for the greenback to find demand. The US dollar remains on the back foot as data confirmed expectations that the US Federal...
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by Charles Purdy | Nov 20, 2023
Early last week sterling staged a sharp recovery against the euro, which disappeared just as sharply as inflation and other data indicated that the Bank of England’s interest rate rises had already done their job, and no more might be required. It was a similar story...
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