by Charles Purdy | May 9, 2023
Sterling has climbed to its strongest position against the euro this year, in a big week for the pound, with an interest rate decision on Thursday. It is similarly strong against the US dollar and 1% up on last Tuesday. On the data front, investors will have plenty on...
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by Charles Purdy | May 5, 2023
It was a poor day for the dollar generally yesterday, except against the euro where the greenback gained around 0.50% yesterday (which has been somewhat corrected this morning). As ever, the start of the month is the busiest for data in the US, and today we’ll hear...
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by Charles Purdy | May 5, 2023
The euro suffered yesterday, losing as much as 1% or more against the Australian and Canadian dollars and by around 0.50% against the USD and GBP. How much of the drop can be blamed on the European Central Bank (ECB) raising rates, and how much on a mixed picture of...
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by Charles Purdy | May 5, 2023
A positive week for sterling has seen it strengthening to an 11-month high against the US dollar and close to multi-month highs against the euro. There were small gains against the yen and NOK, while weakening against other major currencies. After the ECB and Fed,...
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by Charles Purdy | May 5, 2023
A frantic week for data and monetary policymaking reaches its final day with the pound almost 1% up on this time last week against the euro and US dollar. That takes sterling to its strongest against the US dollar for 11 months and getting close to its strongest...
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