by Christopher Nye | Feb 13, 2023
Sterling is approaching the mid-point of February very close to where it started the month against the euro but having gained a good 1% over the course of last week. While the news reports have focused on Friday’s official GDP data showing that the UK is not in...
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by Charles Purdy | Feb 10, 2023
The US dollar has continued to bask in the glow of last Friday’s outstanding non-farm payrolls data, albeit with the shine slightly taken off yesterday by the number of unemployment claims rising for the first time in six weeks. This afternoon we’ll hear the Michigan...
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by Charles Purdy | Feb 10, 2023
The single currency enjoyed a positive day overall, apart from against sterling where it saw a modest decline over the course of the day, despite a positive afternoon session. The annual German inflation rate was seen to be fractionally higher than last month but...
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by Charles Purdy | Feb 10, 2023
Sterling’s recovery this week came to a halt at around the time that the most dovish member of the Bank of England’s nine interest rate setters, Silvana Tenreyo, was telling parliament that interest rates are already too high. However, the pound remains well ahead of...
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by Charles Purdy | Feb 10, 2023
Sterling’s recovery from its post-interest-rate-decision drop lasted until yesterday afternoon, when comments from Bank of England monetary policymakers set it back. However, not before it had regained much of what had been lost since the start of the month. The pound...
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