by Charles Purdy | Jun 17, 2022
The euro has weakened against the pound following the Bank of England’s interest rate decision but is up around 1% against the dollar this morning due to disappointing US data. Following on from the European Central Bank’s emergency meeting in which they said they...
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by Charles Purdy | Jun 17, 2022
The pound strengthened against the euro and jumped by over 1% against the dollar following the Bank of England’s latest interest rate decision yesterday but has weakened slightly this morning. After initially falling on the news that the BoE will be raising interest...
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by Charles Purdy | Jun 17, 2022
The pound, which initially fell following the Bank of England’s latest interest rate decision, made significant gains yesterday, jumping by over 1% against the dollar. This morning, sterling has lost a little of this strength. In its latest monetary policy meeting,...
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by Charles Purdy | Jun 17, 2022
The dollar has fallen against the pound and the euro as disappointing data releases overshadow the gains from the Federal Reserve’s latest interest rate decision. US home sales in May fell to their lowest level in a year, building permits contracted by 7% and the...
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by Charles Purdy | Jun 16, 2022
The dollar is stronger against a basket of currencies this morning as the markets digested news from the Federal Reserve’s monetary policy meeting, which concluded yesterday evening. The Fed raised interest rates by 75 basis points, which marks the largest interest...
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