by Charles Purdy | May 22, 2023
The pound continues to bubble away close to its hottest point against the euro since the start of 2023. Which, bearing in mind that we’re only a week away from the start of summer, is quite impressive and quite possibly worth locking in with a forward contract. Do...
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by Charles Purdy | May 19, 2023
It’s been a positive week for the US dollar, strengthening against most major currencies (except for resurgent New Zealand and Canadian dollars), including close to 1% against sterling. The drivers for the dollar’s success have been the possibility of the US debt...
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by Charles Purdy | May 19, 2023
It’s been a parlous week for the single currency with big losses against the various dollars and a small loss against sterling. The big shocker this week has been the ZEW Economic Sentiment Index for both the eurozone as a whole and German specifically. Both were...
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by Charles Purdy | May 19, 2023
Sterling hit another high against the euro yesterday and has stayed there this morning. Overall, the past week has been mixed, with losses against all of the dollars, especially the New Zealand (losing over 1%) and around 0.4% against the US dollar. However there have...
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by Charles Purdy | May 19, 2023
Sterling hit another 2023 high against the euro yesterday, ending the day 1.75% up on the month and 0.5% up on last Friday. This was in marked contrast to its losses against the US dollar which amounted to around 1% on the week. So far this morning there has been...
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