by Charles Purdy | Oct 14, 2022
The pound surged yesterday, strengthening by between 1.3% and 2.6% against its major rivals. This comes as the Chancellor of the Exchequer makes an early return from an IMF meeting in New York amidst rumours that he is being forced to backtrack on the promised cut in...
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by Christopher Nye | Oct 13, 2022
It’s been a choppy week against sterling, but the dollar is still stronger overall. It is also stronger against euro. At lunchtime markets can expect the release of September’s inflation (and core inflation) rate. America’s annual core inflation is forecast to...
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by Christopher Nye | Oct 13, 2022
Compared to last Thursday, the euro is weaker against the dollar. Meanwhile, despite highs and lows against the pound over the course of the week, the euro remains largely unchanged from where it was last Thursday. Germany’s annual consumer price inflation rose...
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by Christopher Nye | Oct 13, 2022
Sterling is in a much better position against the dollar since it’s collapse at the start of the week. Overall however, the pound is slightly weaker than both the euro and dollar compared to this time last week. For September, the RICS UK residential market...
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by Christopher Nye | Oct 13, 2022
The prime minister faces growing pressure from the conservative party to re-write the chancellor’s recent mini-budget plan, following the market-turmoil it caused. At the 1992 committee, Liz truss admitted that Kwarteng’s fiscal event had been rushed, and...
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