by Christopher Nye | Feb 13, 2023
Investors have a wealth of key economic data releases to watch in the US this week — all which could impact the dollar’s performance against its competitors. The greenback enters the week stronger against sterling compared to this time last month, as well as...
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by Christopher Nye | Feb 13, 2023
It is a different story for the euro this week which has lost weekly gains of around 0.95% against the pound. On a monthly comparison though, the single currency has strengthened against sterling, with gains of around 0.03%. Compared to the dollar, the euro is also...
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by Christopher Nye | Feb 13, 2023
On Friday, sterling strengthened against the US dollar by approximately 0.22% on a weekly comparison and 1.24% against the euro. This morning GBP/EUR maintains those gains and enters the week on a stronger footing however, sterling relinquished its weekly gains...
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by Christopher Nye | Feb 13, 2023
Sterling shrugged off GDP data released on Friday which revealed Britain is not technically in a recession. The quarter-on-quarter figures stalled (at 0%) confirming that Britain just missed a recession. The UK’s economic calendar will be dominated by the...
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by Christopher Nye | Feb 13, 2023
Sterling is approaching the mid-point of February very close to where it started the month against the euro but having gained a good 1% over the course of last week. While the news reports have focused on Friday’s official GDP data showing that the UK is not in...
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