by Christopher Nye | Aug 10, 2022
The economic weight continues to pile on for UK consumers this month, as both house and energy prices are expected to soar. Consultancy Cornwall has warned that energy bills are predicted to hit over £4,200 next year. Despite energy prices steadily rising as a result...
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by Charles Purdy | Aug 10, 2022
Sterling’s gentle decline against the euro and US dollar, which began on 1st August, has continued into a second week for the euro, while levelling out against the dollar. Over the course of the month and year, however, while sterling is well down on the dollar it is...
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by Charles Purdy | Aug 9, 2022
The US dollar lost across the board yesterday as the markets got used to the dramatically better-than-expected non-farm payrolls data from Friday and reversed the 1% gain it had made against sterling and the euro. Yesterday’s data showed consumer expectations a little...
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by Charles Purdy | Aug 9, 2022
A mixed day yesterday saw the single currency recover slightly against the dollar, remain stable against the pound, but fall against the various non-US dollars and Scandinavian currencies, just as sterling did. This morning there is a small boost against sterling,...
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by Charles Purdy | Aug 9, 2022
Sterling remained stable against the euro and strengthened very marginally against the US dollar yesterday, while weakening decisively against commodity-based currencies the Australian, New Zealand and Canadian dollars and Norwegian krone. Retail sales for July were...
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