by Charles Purdy | Aug 16, 2022
The dollar was the big winner yesterday, perhaps benefitting more from poor economic data from China than any great strength in its own economy. It gained nearly 1.5% against the Australian dollar, around 1% on the euro and Canadian dollar and 0.60% against sterling....
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by Charles Purdy | Aug 16, 2022
Despite falling sharply against the US dollar and marginally against sterling yesterday, the single currency can take some comfort from a better performance this morning. There was little data to interest the markets yesterday, but German wholesale prices fell by 0.4%...
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by Charles Purdy | Aug 16, 2022
The pound dropped again against the US dollar, by over 0.50% over the course of the day, while strengthening by a similar amount against the euro. It has all been going slightly south this morning, however. Data released today by the ONS reveals that while wages are...
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by Charles Purdy | Aug 16, 2022
Over the course of Monday the pound lost value against the US dollar while gaining around a third of a cent against the euro. That has been pared back a little this morning, but new jobs data has so far failed to excite the markets. However, sterling is now at a...
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by Charles Purdy | Aug 15, 2022
The dollar continues to stronger against sterling but has weakened against the euro. No US economic data is being released today, however throughout the week markets can expect interesting data releases on building permits and housing starts. The retail sales MoM data...
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