by Christopher Nye | Apr 17, 2023
Following an unexpected rise in UK annual inflation to 10.4% in February, from 10.1 in January, many will be watching closely to see if results on Wednesday are in line with market expectations. The rate is forecast to edge down slightly to 10.2%. Although markets are...
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by Christopher Nye | Apr 17, 2023
Sterling enters the week close to its strongest level against the US dollar in 10 months amidst the greenback’s recent weakness. GBP/USD gains on a monthly footing stretch to nearly 2 per cent. Against the euro, sterling has done the opposite, losing around 0.8%...
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by Charles Purdy | Apr 17, 2023
If you had cheerfully made an offer on a property in France, Spain, Portugal or elsewhere in the eurozone last week and planned a happy weekend imagining a sunnier lifestyle, you would have been alarmed to see the pound suddenly crash against the euro late on Friday...
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by Charles Purdy | Apr 14, 2023
Wednesday’s falling inflation data continues to weigh on the US dollar, which has now reached a one-year low against the euro and 10-month low against sterling. Producer prices fell 0.5% month-on-month in March, the largest decline since April 2020. Later today we’ll...
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by Charles Purdy | Apr 14, 2023
The euro climbed another three-quarters of a percent yesterday against the US dollar to its strongest since the first week of April last year. German inflation was confirmed yesterday at 7.4% annually, with a 0.8% rise in March. However, this morning we’ve seen...
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