by Charles Purdy | Sep 13, 2022
Sterling had a positive start to the week, strengthening against almost all major currencies, by between 0.5 and 1%. That has continued this morning, following broadly positive news on employment and earnings, with GBP/USD now at a two-week high. The catalyst for the...
read more
by Christopher Nye | Sep 12, 2022
The dollar is weaker against both currencies this morning ahead of this week’s inflation data releases. Core inflation YoY figures will be announced tomorrow in addition to Inflation Rate YoY. The annual core inflation rate hit a six-month low of 5.9% in July...
read more
by Christopher Nye | Sep 12, 2022
This morning the euro is stronger against both sterling and the US dollar, maintaining last week’s force. By the end of last week, the euro strengthened against most major currencies following the European Central Bank’s decision to raise interest rates by 75 basis...
read more
by Christopher Nye | Sep 12, 2022
Sterling is weaker against the euro this morning but has gained fresh strength against the dollar, starting the week at 1.168, 0.021% higher than last week’s 1.147. This follows the UK’s latest economic growth. Britain’s economy returns to growth this morning as the...
read more
by Christopher Nye | Sep 12, 2022
Sterling gains fresh strength against the US dollar amidst Britain’s economic growth this morning. The latest GDP figures show Britain’s economy has expanded by 0.2%, with services being the main contributor to GDP growth. The increase was a little less than expected...
read more
