by Charles Purdy | Jul 7, 2022
The pound is stronger against the euro this morning but still trading around low levels against the dollar. Sterling is benefitting from concerns over the health of the eurozone economy, which are weighing on the euro. Data released this morning showed that, despite...
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by Charles Purdy | Jul 7, 2022
The pound has retained its strength against the euro but is still weaker against the dollar this morning. Recession fears continue to weigh on the euro as gas prices surge, Europe’s energy crisis continues, and stagflation worries increase. The dollar, meanwhile, is...
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by Charles Purdy | Jul 6, 2022
The dollar is strong against most currencies this morning, benefitting from its safe-haven status as fears of a global recession set in. Its strength could be tested by the release of FOMC meeting minutes later, however, which will provide more clarity on the Federal...
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by Charles Purdy | Jul 6, 2022
The euro weakened to a two-decade low against the dollar yesterday and is still trading around the same levels this morning. This is due to a surge in natural gas prices, worries about gas supplies, poor economic data and general concern over the health of the...
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by Charles Purdy | Jul 6, 2022
The pound is stronger against the euro and weakened to a two-year low against the dollar this morning. As the gas crisis in Europe worsens, the pound is falling against the dollar, but has managed to retain its strength against the euro. Although the full affect of...
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