by Christopher Nye | Sep 26, 2022
The euro remained choppy against sterling last week but is stronger today after making fresh gains over the weekend. It’s a different story for the EUR/USD rate however as the euro remains weaker against the dollar. There are lots of important data releases for...
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by Christopher Nye | Sep 26, 2022
Sterling’s is still weak after taking a dramatic fall against both the dollar and the euro over the weekend. The fall followed a week of record lows for the pound, the latest was this morning’s 51-year low triggered by news of the chancellor’s...
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by Christopher Nye | Sep 26, 2022
Sterling has fallen to its lowest level against the dollar in over five decades this morning following tax cuts announced by Chancellor of the Exchequer, Kwasi Kwarteng in his mini-budget on Friday. The fall marked the lowest GBP/USD level since the decimalisation of...
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by Charles Purdy | Sep 23, 2022
The dollar’s extraordinary week continues right to the end, rising strongly against the euro and pound this morning. The dollar has gained two cents on the pound this week, as the impact of the Federal Reserve’s 75 basis point interest rate rise is set against the...
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by Charles Purdy | Sep 23, 2022
The euro had another broadly negative day, with clear blue water now appearing between EUR and USD as the euro has remained below parity for three days. That has continued with fresh negativity for the euro this morning. After a topsy-turvy day during which it...
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