EUR: Unexpected unemployment

The eurozone’s jobless rate climbed unexpectedly from 6.2% to 6.3% in August. That didn’t seem to have much bearing on the euro, aside from instigating a modest fall against the US dollar. GBP/EUR: the past year 1 Min 5 Min 1 Hr 1 Day 1 Wk 1 MthFrom To...


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GBP: Inflation up, hiring down

The Bank of England’s business survey didn’t exactly paint a rosy picture for the pound. After spring’s tax hikes, companies are looking ahead to the next budget with apprehension. Hiring is down and businesses are still raising prices – hardly a promising sign for...


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Pound falters on prospect of more gloomy data

Sterling heads into the weekend under a little bit of pressure, with more downbeat economic data sharpening minds ahead of the autumn budget (26 November). The pound weakened by about half a cent against the euro and by slightly more against the US dollar over the...


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USD: Job market contracts

The US government shutdown doesn’t appear to have had a significant impact on the dollar, as it was only down 0.15% on the pound and, in fact, up 0.25% on the euro. However, a job report showing a contraction in the US labour market did send the currency falling...


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EUR: Inflation on the rise

The euro slipped 0.3% on both the pound and dollar on Wednesday. After managing to reach its 2% inflation target, fresh data shows that prices are creeping up above target again. Though the 0.2% increase isn’t expected to lead to interest rate increases. EUR/USD past...


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