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Pound remains strong as Budget approaches

Sterling has had a relatively stable week so far against the US dollar and a gentle rise and fall against the euro. That could change with the Budget today, although the markets are not anticipating anything very dramatic from Chancellor Jeremy Hunt today. Certainly...


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GBP: Wages versus inflation

According to the Office for National Statistics (ONS), regular pay in real terms fell by 2.4% in November to January in the UK. On the other hand, the growth in average total pay (including bonuses) was recorded at 5.7%. However, this still isn’t enough to prevent a...


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Chancellor to deliver long-awaited Budget

On Tuesday, sterling hit a four-week high against the US dollar and maintains those weekly gains this morning. Against the euro, the pound is still strong compared to this time last Wednesday. In business news, Meta, the company which owns Facebook, WhatsApp and...


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USD: Consumer inflation falls

According to the Federal Reserve Bank of New York, US consumer inflation expectations for the year ahead fell sharply to 4.2% in February of 2023. This marked the lowest levels since May 2021. For more on currencies and currency risk management strategies, please get...


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