by Charles Purdy | Sep 23, 2022
The new chancellor will be unveiling his package of growth measures shortly, and this could easily move GBP. There has already been plenty of action in the currency markets this morning, with the pound falling sharply against the US dollar. Yesterday’s split decision...
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by Charles Purdy | Sep 23, 2022
Sterling swung wildly over the course of yesterday against most currencies as the markets prepared for and then reacted to the Bank of England’s (BoE) interest rate decision, before finally ending the day roughly where it began. This morning the US dollar has...
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by Charles Purdy | Sep 22, 2022
The dollar strengthened against sterling to a new 37-year high yesterday around the Federal Reserve’s highly anticipated interest rate decision. This morning however, it has slipped back fractionally. America’s latest existing home sales figures revealed...
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by Charles Purdy | Sep 22, 2022
Putin’s acceleration of the war in Ukraine yesterday morning saw the euro fall against both currencies, as markets looked to currencies such as the dollar as a ‘safe-haven’. The euro remains weaker against the dollar this morning (after shooting up briefly in the run...
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by Charles Purdy | Sep 22, 2022
The pound fell sharply against the dollar following the US Federal Reserve’s interest rate increase last night. Against the euro the pound strengthened initially then gently declined through the afternoon. Sterling’s new strength followed President Putin’s...
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