by Charles Purdy | Aug 19, 2022
Sterling has weakened this morning against the euro and US dollar, despite broadly positive news from the British high street. Against most of its currency competitors, sterling has dropped by around 1% since early on Wednesday. A busy week for high level data...
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by Christopher Nye | Aug 18, 2022
Yesterday the dollar steadily rose against sterling following the latest UK inflation data. This morning the dollar continues to strengthen against both the euro and sterling. Yesterday’s Mom retail figures for July unexpectedly halted at 0%, disappointing markets...
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by Charles Purdy | Aug 18, 2022
This morning the euro is choppy against the pound but remains stronger overall. Against the dollar, the euro is weaker. Eurozone Inflation Rate YoY Final will be released later this morning. The previous inflation rate increased to a new record high of 8.9% in July of...
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by Charles Purdy | Aug 18, 2022
The pound continues to weaken against the euro following yesterday’s inflation data. Inflation is now more than 5 times higher than the BoE’s target. Against the dollar, sterling has also weakened. Tory leadership candidate Liz Truss has pledged to scrap April’s...
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by Charles Purdy | Aug 18, 2022
The pound continues to weaken against the euro following yesterday’s inflation data. Inflation is now more than 5 times higher than the BoE’s target. Against the dollar, sterling has also weakened. In UK politics, both Tory leadership candidates have vowed to cut...
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