by Christopher Nye | May 30, 2022
After strengthening towards the end of last week, the pound is trading around the same levels against the euro and the dollar this morning. Sterling was boosted by the release of the government’s £15 billion cost-of-living plan, which will involve every UK household...
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by Christopher Nye | May 30, 2022
The pound strengthened against the euro and the dollar following the release of government’s cost-of-living plan last week and is trading around the same levels this morning. It’s a fairly quiet week for UK economic data releases, however, the markets will be looking...
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by Charles Purdy | May 30, 2022
It’s hard to spot any clear direction of travel for sterling right now against the euro. One hundred days into the Ukraine war, the single currency has stabilised. However, economic data from the eurozone has been generally better than the UK’s. For example, last...
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by Charles Purdy | May 27, 2022
The dollar remains on the back foot against the pound and the euro after a busy day of US data releases yesterday. GDP figures revealed that the American economy contracted by 1.5% in the first three months of the year, largely driven by a decline in trade. Imports,...
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by Charles Purdy | May 27, 2022
The euro has strengthened this morning as market sentiment pushes the dollar lower. Retail sales in Spain saw a surprise increase both monthly and annually. April’s increase was the biggest rise in five months and was largely driven by sales on non-food products,...
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