by Julian Benson | Jan 30, 2023
After a relatively quiet day on Friday, the pound is approaching the end of January approximately 2.3% higher against the US dollar and 0.6% higher against the euro on December 2022 rates. While it’s been a rocky month for the euro against the US dollar, it approaches...
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by Charles Purdy | Jan 27, 2023
It was a patchy day for the dollar yesterday. Despite some positive economic news – GDP down on last month but up on expectations at 2.9% and Durable Goods Orders well up, by 5.6% – the US dollar barely moved. What movement there was, however, was broadly positive....
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by Charles Purdy | Jan 27, 2023
Spanish GDP has just been revealed to have grown well ahead of expectations, with 0.2% growth in the last quarter of 2022 contributing to year-on-year growth of 2.7%. Less positively, consumer confidence has slipped in France. Nevertheless, the euro strengthened a...
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by Charles Purdy | Jan 27, 2023
Sterling strengthened very marginally against the US dollar yesterday but more markedly (roughly 0.3%) against the euro. It has since dropped against USD. Apart from slightly downbeat news on car production (except from an eco-basis, since electric sales rose) there...
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by Charles Purdy | Jan 27, 2023
It was a quiet session for most currencies yesterday, the markets waiting for next week’s interest rate-setting bonanza from the US, eurozone and British central banks. Of all, the euro fared worst yesterday, dropping by around a quarter of a percent against most...
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