by Julian Benson | Jul 20, 2023
The core inflation rate (which excludes food and energy) rose to 5.5% in the Euro Area in June, exceeding preliminary estimates of 5.4% and remaining close to the recent peak of 5.7%.
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by Julian Benson | Jul 20, 2023
After falling to a six-year low against the Mexican peso on July 14th, the US dollar picked up amid soft housing data and a lack of economic data. The rate is currently down 0.6% on the week and close to 2% on the month. For more on currencies and currency risk...
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by Charles Purdy | Jul 19, 2023
The pound has fallen by around 1% against the euro and US dollar this morning following an announcement that UK consumer price inflation (CPI) has fallen to 7.9%, lower than expected. While this is still far above the government target of 2%, and considerably worse...
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by Julian Benson | Jul 19, 2023
Retail sales in the US grew 0.2%month-over-month in June, the lowest increase in three months and below forecasts of a 0.5% gain. Sales were down at home centres, department stores and gas stations. For more on currencies and currency risk management strategies,...
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by Julian Benson | Jul 19, 2023
The euro strengthened to its highest level since February 2022 against the US dollar on Tuesday. Its strength could be credited to investor comments that predict the European Central Bank will continue hiking interest rates to tackle...
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