by Charles Purdy | Aug 11, 2022
This morning the dollar is still weak against both sterling and the euro. The cost of living in the US seems to be on the rise as prices continue to change. PPI MoM is forecast at 0.4% as goods prices jumped 2.4% in May (with over half of the increase due to an 18.5%...
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by Christopher Nye | Aug 10, 2022
This morning the dollar is still weak against both sterling and the euro. Data on inflation will be released this afternoon. The US core inflation rate YoY is currently forecasted at 5.9% and inflation YoY is predicted to hit 9.1%. If the rate expectation is met, this...
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by Christopher Nye | Aug 10, 2022
The euro continues to gain strength against the pound. Against the dollar, the euro has fallen gently but is still stronger than where it was this time last week. More eurozone inflation data on the way. This morning Italy’s inflation rate will be released at 9....
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by Christopher Nye | Aug 10, 2022
This morning the pound is choppy against the euro but is continuing to weaken overall. Against the dollar, sterling has made a slight climb but is still weaker than it was yesterday. This follows the rise in gas prices, weighing heavy on Britain’s consumers....
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by Christopher Nye | Aug 10, 2022
The economic weight continues to pile on for UK consumers this month, as both house and energy prices are expected to soar. Consultancy Cornwall has warned that energy bills are predicted to hit over £4,200 next year. Despite energy prices steadily rising as a result...
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