by Christopher Nye | Sep 27, 2022
Sterling is still weaker against the dollar and the euro following the BoE’s decision not to address recent volatility in an emergency meeting. The Bank has decided to address the matter in November’s meeting as planned. There are no significant data releases from the...
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by Christopher Nye | Sep 27, 2022
After tumbling to its lowest rate since 1971 following the Chancellor’s mini-budget announcement on Friday, sterling is still weak against both the dollar and the euro. Meanwhile some of the biggest mortgage lenders in the UK, including the likes of Halifax and Virgin...
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by Charles Purdy | Sep 26, 2022
It’s hard to know where to start on a day when the pound is facing a bona fide crisis. However, for euro buyers, GBP/EUR is only slightly below the post-referendum average, at its lowest only since late 2020. That is due to Europe itself having problems. It could...
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by Christopher Nye | Sep 26, 2022
The dollar continues to strengthen against both currencies. Markets will be listening out for three speeches from the Federal Reserve today. Meanwhile, sales of new single-family homes in the US are predicted to dive to 0.49m. This follows a 12.6% plunge to a...
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by Christopher Nye | Sep 26, 2022
The euro remained choppy against sterling last week but is stronger today after making fresh gains over the weekend. It’s a different story for the EUR/USD rate however as the euro remains weaker against the dollar. There are lots of important data releases for...
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