by Julian Benson | Oct 19, 2022
The euro strengthened modestly yesterday against the US dollar and euro. So far this morning that has been pared back a little. The eurozone’s annual inflation rate (final) will be announced at 10am UK time. The preliminary estimates showed that the rate had reached...
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by Julian Benson | Oct 19, 2022
Sterling has been on a switchback ride the last month, and that has continued into the start of this week. Hardly surprising, when the economic direction has been reversed. We’ve just seen the UK’s latest annual inflation rate for September. The latest data release...
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by Julian Benson | Oct 19, 2022
Since Jeremy Hunt’s U-turn on the previous fiscal plan sterling has, overall strengthened against the US dollar, albeit with those gains pulled back a little yesterday. However, that is primarily down to a weaker dollar and against the euro the pound is tracking lower...
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by Charles Purdy | Oct 18, 2022
The dollar weakened generally yesterday, losing well in excess of 1% against the euro, pound and Australian and Canadian dollars as a risk on attitude permeates the markets. There was little on the data front yesterday, but later today there will be some industrial...
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by Charles Purdy | Oct 18, 2022
The euro strengthened by 1.2% against the US dollar yesterday. While it fell sharply against the pound in the middle of the day, it regained strength by the end of trading. There were more final results for inflation in the eurozone, with 8.9% in Italy. This morning...
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