USD: All eyes on US inflation figures

The dollar has weakened slightly against the pound and the euro ahead of today’s US inflation figures. Due to be released later this afternoon, economists have predicted a slight fall in inflation from last month’s figure of 8.5%. Speaking yesterday, Federal Reserve...


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EUR: ECB President due to speak this morning

The euro reached a yearly high against the pound yesterday but has weakened slightly this morning. Against the dollar, the single currency is slightly stronger. Figures for the German and EU ZEW survey on economic sentiment saw an improvement in May. While the numbers...


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US inflation and Federal Reserve speech the focus

The pound has strengthened against the euro and the dollar ahead of US inflation figures due later today. Yesterday saw Prince Charles deliver the Queen’s speech which set out the government’s agenda for the coming year. While the government has promised to tackle...


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