by Charles Purdy | Dec 11, 2023
The new week finds sterling holding on to most of the gains it has made on the euro over the past three weeks, leaving it still close to its three-month high. Against the US dollar too, the pound is around 2.5% up on this time last month. However, GBP/USD did lose...
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by Charles Purdy | Dec 8, 2023
The dollar fell against most other currencies, but apart from against the yen it has been a somewhat tepid week. Will that change today with Non-Farm Payrolls? Not much is expected – around 180,000 new jobs – but we have been surprised before. There will also be a...
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by Christopher Nye | Dec 8, 2023
The single currency had a broadly positive day, while also losing heavily to a stronger yen. Germany’s inflation rate has just been confirmed for November at -0.4%, adding up to an annualised 3.2%. Next week the big data releases start on Tuesday with the ZEW Economic...
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by Charles Purdy | Dec 8, 2023
The pound weakened marginally against most currencies yesterday and majorly against the Japanese yen. There was little to excite the markets, and while the governor of the Bank of England Andrew Bailey did speak, it was mainly to warn against the risks of artificial...
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by Charles Purdy | Dec 8, 2023
Yesterday sterling gained against the US dollar and lost against the euro. While that ultimately ended in little change overall over the week, GBP/EUR remains close to a three-month high. There was a large loss against the Japanese yen, but no more than any other...
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