by Charles Purdy | Jan 30, 2023
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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by Julian Benson | Jan 30, 2023
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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by Julian Benson | Jan 30, 2023
In France, consumer confidence reading came in at 80 for January 2023, down from a revised 81 in December last year. This indicated the lowest reading since September 2022.
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by Julian Benson | Jan 30, 2023
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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by Julian Benson | Jan 30, 2023
After a relatively quiet day on Friday, the pound is approaching the end of January approximately 2.3% higher against the US dollar and 0.6% higher against the euro on December 2022 rates. While it’s been a rocky month for the euro against the US dollar, it approaches...
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