by Christopher Nye | Dec 13, 2022
Yesterday’s GDP data revealed that the UK’s economy expanded 0.5% in October. This marked the biggest increase in nearly a year and was above forecasts of 0.4% and follows a 0.6% contraction in September. The big news today however, comes from unemployment which edged...
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by Charles Purdy | Dec 12, 2022
Sterling has got off to an unsteady start in the very early stages of the week, but we’ve come to expect that for Monday mornings, especially ones as chilling all round as today. However, with several high-profile data releases this week, the first will have warmed...
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by Christopher Nye | Dec 12, 2022
Compared to this time last week, the dollar begins the week marginally up on sterling, the euro and several of its major competitors including the Canadian dollar and Japanese Yen. All eyes turn to the Fed this week as policymakers will vote on the country’s...
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by Christopher Nye | Dec 12, 2022
The euro enters interest rate week in a much better position against sterling and the dollar compared to last Monday. Like Britain, the eurozone will find out its latest interest rate on Thursday afternoon. The ECB is scheduled to announce its decision shortly after...
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by Christopher Nye | Dec 12, 2022
Despite this morning’s better than expected GDP data, sterling nervously awaits a busy week of key data releases ahead. The pound’s nervousness is reflected in markets as it begins the day marginally weaker than both the euro and the US dollar compared to...
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