by Charles Purdy | Sep 28, 2022
While sterling and the euro continue to plummet, the dollar makes gains against both currencies. It’s a busy day at the Federal Reserve a total of 5 speeches will be heard throughout this afternoon. Markets can expect lots of important data releases today,...
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by Charles Purdy | Sep 28, 2022
The euro remains largely unchanged today as it is still stronger against sterling but weaker than the dollar. GfK Consumer confidence data for October has been released this morning. The indicator fell to -42.5, much lower than market expectations of a -37.8 decline,...
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by Charles Purdy | Sep 28, 2022
Sterling is still weaker against the dollar and the euro following turbulence at the start of the week. On Friday , data on the UK’s current GDP growth rate QoQ for Q2 will be released. Britain’s economy shrank 0.1% on quarter in the three months to June of 2022,...
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by Charles Purdy | Sep 28, 2022
Since Monday’s sharp fall and then recovery, sterling has been relatively quiet, albeit weakening slightly against the US dollar. The UK housing markets experienced a shock yesterday as, faced with a large potential interest rate rise in the next few weeks, some of...
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by Christopher Nye | Sep 27, 2022
The dollar’s strength remains untouched as the single currency continues to make gains against both sterling and the euro. Markets will be watching closely for today’s durable goods data as last month’s data unexpectedly stayed unchanged. This disappointed...
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