by Julian Benson | Jul 31, 2023
Retail sales in Germany unexpectedly fell 0.8% in June, considerably less than market expectations of 0.2% growth. This was the first decline since March.
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by Julian Benson | Jul 31, 2023
The pound soared to fresh 2023 highs against the euro and dollar in mid-July before stalling, but the Bank of England’s Thursday interest rate decision could revitalize said rally should a smaller rate hike please investors. GBP/USD: the past year 1 Min 5 Min 1 Hr 1...
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by Julian Benson | Jul 31, 2023
After an exciting week of two interest rate hikes from the European Central Bank and the Federal Reserve, the pound starts this week 0.75% up on the euro. It remains largely unchanged against the US dollar ahead of the Bank of England’s interest rate decision on...
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by Charles Purdy | Jul 31, 2023
Sterling has started the week nervously, but remains about 0.75% stronger than last Monday against the euro. As we reach the last day of the month it also ends July up on the euro and 1.75% better against the US dollar. This is a big week for sterling, and for the...
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by Charles Purdy | Jul 28, 2023
The US dollar surged upwards yesterday following excellent economic data. In one day it gained around 1.5% against the pound and euro and almost double that against the Australian dollar. New orders for US manufactured durable goods increased 4.7% in June 2023, the...
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