by Charles Purdy | Aug 17, 2022
The dollar gained steady strength against sterling this morning following the UK’s latest inflation data. Against the euro, the dollar is also stronger. Today US will release data on retail sales. Figures are currently forecast at 0.2%. The federal open market...
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by Charles Purdy | Aug 17, 2022
The euro continues to weaken compared to sterling. Against the dollar, the euro is choppy but continues to weaken overall. No significant eurozone data today however tomorrow, Spain’s balance of trade data will be released. It is forecast to shift to a deficit of...
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by Charles Purdy | Aug 17, 2022
Today sterling continues to strengthen against the euro but has weakened against the dollar following the Bank of England’s latest inflation rate. This morning’s figures beat market predictions of 9.4% as July’s inflation rate hit 10.1% – more...
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by Christopher Nye | Aug 17, 2022
Today sterling continues to strengthen against the euro but has weakened against the dollar. Sterling’s initial reaction to the rate increase was to go higher, however gains were soon after relinquished. This follows the Bank of England’s latest inflation...
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by Charles Purdy | Aug 17, 2022
The second of the week’s big data releases has hit the wires this morning, and the UK’s inflation figures were worse than the markets expected, at 10.1%. That has boosted the pound to its highest rate for two weeks but – more importantly – up around the highest...
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