by Charles Purdy | Mar 28, 2023
The dollar weakened against almost all-comers yesterday, with a consistent 0.75% loss against the pound, euro, Canadian and Australian dollars since yesterday morning. There was no real data yesterday and only lower level stuff today. However, it does include house...
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by Charles Purdy | Mar 28, 2023
The euro lost to the pound but gained against the US dollar yesterday, with the big data of the day the Ifo Business Climate report for Germany which showed a better result than both last month and against expectations. On the other hand, unemployment claims rose in...
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by Charles Purdy | Mar 28, 2023
The pound climbed steadily yesterday, continuing where it left off last week. Yesterday’s CBI Distributive Trades Survey was far ahead of negative expectations at +1, although this was slightly less than last month. It’s a slow start to a slowish week for data,...
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by Charles Purdy | Mar 28, 2023
Sterling’s recovery from the losses of last Wednesday continued into the new week, with gains against the euro and US dollar, close to 1% against the latter. Last night’s speech from Bank of England (BoE) governor Andrew Bailey at the London School of Economics may...
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by Christopher Nye | Mar 27, 2023
There will be lots of high impact economic data releases rolling out over the course of this week. Economists will be keeping a watchful eye on these releases to see how they impact the US dollar’s movements against its rivals. Markets will see the latest personal...
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