by Charles Purdy | May 16, 2022
After strengthening towards the end of last week, the pound is still strong against the euro this morning ahead of a busy week for economic data releases. The most notable release of the week is UK inflation data, which is due on Wednesday. Inflation is expected to...
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by Charles Purdy | May 16, 2022
Sterling starts the week roughly 1% up on the euro compared to both last Monday and this time last year, but nearly 3% down on this time last month. So, a bit disappointing if you missed out on the rate from mid April, but broadly positive. If it allows you to fulfil...
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by Charles Purdy | May 13, 2022
The euro plummeted against the pound, dollar and most major currencies yesterday after Russia announced it was sanctioning 31 energy companies, including key suppliers of European gas. It has recovered a little strength this morning. As a result, natural gas prices...
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by Charles Purdy | May 13, 2022
The pound received a boost against the euro yesterday, strengthening around 1% following news that Russia will be sanctioning European energy companies, including a key Polish pipeline. Against the dollar, sterling remains weaker. Bank of England Deputy Governor Dave...
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by Charles Purdy | May 13, 2022
The pound saw a significant boost against the euro over the course of yesterday after Russia announced it was sanctioning several European energy companies. Among the 31 companies sanctioned was a key Polish pipeline that supplies much of Europe’s gas. This news saw...
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