EUR: Interest rates held again

The ECB made no move on interest rates again yesterday, while predicting a small rise in inflation to 2.1% next year and a rise in GDP to 1.2% this year (and 1% next year). This did little to affect the euro, which had a mixed day that included gains on the US dollar...


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GBP: Sterling treads water ahead of busy week

It’s been a little quiet for sterling this week, with steady growth after a minor slump on Monday, taking GBP/EUR clearly above the five-year average once again. Next week we have lot of data coming through, including the interest rate decision on Thursday. GBP/USD...


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Flat economy adds to chancellor’s worries

Flat economy adds to chancellor’s worries

The first of a string of potentially influential data releases for the value of sterling has started negatively this morning with flatlining Gross Domestic Product (GDP) in July. Zero economic growth in the month pushed quarterly growth down to 0.2% after some...


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USD: Inflation data may pressure Fed

The dollar was ahead of the pound and euro on Wednesday, closing 0.2% on EUR and 0.15% ahead of GBP. Recent upsets on recent US economic data, makes today’s inflation figures less predictable. A larger climb is possible. A rise or fall could impact next week’s Fed...


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EUR: Euro holds ahead of interest rate decision

The euro was just behind the pound at market close yesterday and 0.2% down on the dollar. The European Central Bank will announce its interest rate decision today, though it’s predicted to remain level at 2.15%. EUR/USD past year 1 Min 5 Min 1 Hr 1 Day 1 Wk 1 MthFrom...


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