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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by Julian Benson | Aug 14, 2023
Germany’s wholesale prices dropped 2.8% from a year earlier in July. This marks the fourth consecutive month of decline, after a 2.9% fall in June. The driving force for this decline came from petroleum products which fell...
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