The pound has recovered a little against the dollar but is still trading around weaker levels against the euro this morning. Despite this, it is only marginally off its highest point since the pandemic began. In a speech…
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The dollar has steadied this morning following a sharp rally yesterday, which was sparked by comments from Fed Chair Jerome Powell.
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Data released yesterday showed that eurozone inflation came in at a record high, soaring to 4.9% in November.
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Data released this morning shows that UK house prices accelerated in November, with prices 10% higher than a year ago.
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The pound is still weaker against the euro and the dollar this morning following an interview published yesterday with Moderna’s chief executive, who said that vaccines may not be as effective against the new Omicron variant. However, the…
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The pound continues to drift as competing suggestions as to existing vaccines’ efficacy against Omicron hit the headlines. Indeed, for a quiet week for data it’s been quite a busy week on the currency markets. As well as…
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The US dollar’s strength has mirrored that of the euro, with gains of over 0.5% against all major currencies bar EUR, CHF and JPY.
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The euro has climbed further against almost every major currency in the wake of the Omicron variant.
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