by Julian Benson | Nov 10, 2022
Yesterday was a rocky day for sterling as it fell approximately 1.5% against the US dollar. It’s not clear at this moment what caused this change.
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by Julian Benson | Nov 10, 2022
After a steady start to the week, the pound fell against the euro yesterday following Russia’s orders for its troops to retreat from Kherson, Ukraine, in face of advances. It was a similar story for GBP/USD rates which fell yesterday as results trickled in from the US...
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by Charles Purdy | Nov 9, 2022
Following sterling’s early uptick on Monday morning it’s been a relatively flat week, but broadly positive for sterling. That may change on Friday with the GDP data for the quarter, with a clearer indication of the true state of the UK economy. To sort out your...
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by Christopher Nye | Nov 9, 2022
The dollar finds itself under pressure as investors await the results of today’s midterm elections. The dollar index already (which tracks the single currency’s performance against six major currencies) fell gently this week in the aftermath of the Fed’s most recent...
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by Christopher Nye | Nov 9, 2022
With Germany’s economy being the largest in the eurozone, markets keenly await the country’s latest inflation rate, which will be released on Friday morning. Consumer price inflation rose annually to a further 10.4% in October, pointing to a new all-time high and...
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