by Charles Purdy | May 9, 2022
The euro remains stronger against the pound but has weakened slightly against the dollar. Last week, European Central Bank official, Philip Lane, revealed that the Bank is planning a “sequence of interest rate hikes”. Several ECB officials will speak throughout this...
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by Charles Purdy | May 9, 2022
After falling significantly at the end of last week, the pound starts the week in a similarly weaker position against the euro and has fallen even further against the dollar. Sterling is now trading around a two-year low against the dollar and yearly lows against the...
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by Charles Purdy | May 9, 2022
The pound is still suffering against the euro and is trading around a two-year low against the dollar following the Bank of England’s cautious interest rate decision last week. This morning, Russian President Vladimir Putin has addressed the people of Russia in a...
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by Charles Purdy | May 9, 2022
What a week that was. Since last Monday sterling has lost significant ground against all of its top 19 rival currencies, including around 2% against the euro and US dollar. The decline shows little sign of abating, so to lock the current rate in and protect yourself...
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by Charles Purdy | May 6, 2022
The euro has strengthened around 1% against the pound but has erased its gains against the dollar. The single currency is largely being driven by other currencies following the interest rate decisions of both the Bank of England and the Federal Reserve. Speaking...
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