by Charles Purdy | Apr 24, 2023
Sterling has been going nowhere against the euro for four months now. Looking at the longer term graph it’s hard to recall such a long period in the past few years without a clear movement one way or another. There is nothing inherently stable about the global economy...
read more
by Charles Purdy | Apr 21, 2023
A mixed day for the dollar yesterday, with marginal movements against the pound and euro, and the biggest loss, of almost 0.5% against the Australian dollar (which has had a positive week all round following news of Chinese economic growth). However, there has been a...
read more
by Charles Purdy | Apr 21, 2023
The single currency showed little signs of excitement yesterday in a day with plenty of low-level data for the markets to investigate. German producer prices (PPI) fell sharply for the sixth month in a row, but French business confidence tracked downwards slightly....
read more
by Charles Purdy | Apr 21, 2023
It was another steady day for sterling yesterday against the euro, following Wednesday morning’s boost from higher-than-expected inflation data. That has been reversed this morning, following dipping retail sales in March. There was some movement against the US dollar...
read more
by Charles Purdy | Apr 21, 2023
After a stable week the pound has taken a dive this morning, largely prompted by poor retail sales data just released. The week had been going well, with some stability against both the euro and US dollar following the losses of last Friday. Also released last night,...
read more
