by Charles Purdy | Aug 15, 2023
It was a positive day all round for the dollar, strengthening by 0.5% against the euro and the yen. Against the pound there were strong gains at midday which dissipated in the afternoon session. This afternoon we’ll hear Retail Sales, which are expected to have risen...
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by Charles Purdy | Aug 15, 2023
The euro weakened across the board yesterday, although by less than 0.5% against major rivals. Yesterday wholesale prices in Germany were revealed to be dropping by 2.8% per year, and shortly we’ll hear the ZEW Economic Sentiment Index for Germany, one of the most...
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by Charles Purdy | Aug 15, 2023
Sterling strengthened against all but the US dollar yesterday, most notably against the euro. The employment and earnings data caused a brief flurry in the markets this morning, with a mixed result. Unemployment shot up, as might be expected after successive interest...
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by Charles Purdy | Aug 15, 2023
The pound staged a minor recovery yesterday afternoon against the euro, gaining around a third of a cent. Against the US dollar, sterling recovered from a midday dip to end the day level. There was no data of note yesterday from the UK, but this morning we have heard...
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by Julian Benson | Aug 14, 2023
The US dollar starts this week up against all major rival currencies, with the greatest weekly gains being 0.3% against the Australian dollar and New Zealand dollar.
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