by Julian Benson | Jul 20, 2023
Yesterday the pound experienced its biggest one-day loss in over a month after UK inflation slowed faster than expected in June. Sterling lost just over 1% against the euro and close to 1.3% against the US dollar. The pound has regained some of these gains this...
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by Julian Benson | Jul 20, 2023
Following economists’ reactions to the lower-than-expected UK inflation rate for June, investors have locked in a 25 basis-point hike from the Bank of England, which is due to announce the latest bank rate on August 3rd. 1 Min 5 Min 1 Hr 1 Day 1 Wk 1 MthFrom To...
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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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