by Christopher Nye | Feb 28, 2023
Key releases for the first half of this week have been dominated by various sectors of Britain’s housing market. In addition to mortgage lending and BoE consumer credit data, mortgage approvals and Nationwide housing prices data will be released tomorrow. The annual...
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by Christopher Nye | Feb 28, 2023
On Monday UK and EU leaders met to discuss Brexit protocol, which resulted in an ‘extraordinary’ deal on the Northern Ireland protocol. In Rishi Sunak’s words, the deal “ delivers smooth-flowing trade within the whole United Kingdom, protects Northern Ireland’s place...
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by Christopher Nye | Feb 27, 2023
The US dollar begins this week on a stronger weekly footing against the pound, euro and a handful of rival currencies. The dollar index (DXY) rose to a seven-week high of above 105, after the latest data showed the Fed’s preferred gauge to measure inflation grew more...
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by Christopher Nye | Feb 27, 2023
The euro is weaker against the pound and US dollar compared to last Monday. A detailed record of the European Central Bank governing board’s most recent meeting will be released on Thursday. This will provide markets with insight into the economic conditions...
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by Christopher Nye | Feb 27, 2023
Sterling maintains gains made last week against the euro but its weaker than the US dollar on a weekly comparison. Over the same timespan, the pound has also come up stronger against the canadian dollar while weaker than the indian rupee. PMI boosted the pound last...
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