Stubborn inflation a poser for central banks

The pound kicks off the last week of a long January little changed since last Monday. The same problems that made January such a drag will continue into February, with a new set of strikes (train drivers and teachers) and double-digit inflation giving an impression of...


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USD: Pending homes sales rise unexpectedly

US pending home sales rose 2.5% month-over-month in December 2022, the first rise markets have seen in over six months. The data exceeded expectations which forecast a 0.9% drop. However, year-on-year, pending home sales fell 33.8%. For more on currencies and currency...


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GBP: Close to seven-month highs

Despite little movement for the pound on Friday, sterling was not far from its highest level in seven months against the US dollar. This is despite economic activity in the UK private sector falling at its fasted rate in two years in January. 1 Min 5 Min 1 Hr 1 Day 1...


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