by Charles Purdy | Aug 10, 2022
Sterling’s gentle decline against the euro and US dollar, which began on 1st August, has continued into a second week for the euro, while levelling out against the dollar. Over the course of the month and year, however, while sterling is well down on the dollar it is...
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by Charles Purdy | Aug 9, 2022
The US dollar lost across the board yesterday as the markets got used to the dramatically better-than-expected non-farm payrolls data from Friday and reversed the 1% gain it had made against sterling and the euro. Yesterday’s data showed consumer expectations a little...
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by Charles Purdy | Aug 9, 2022
A mixed day yesterday saw the single currency recover slightly against the dollar, remain stable against the pound, but fall against the various non-US dollars and Scandinavian currencies, just as sterling did. This morning there is a small boost against sterling,...
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by Charles Purdy | Aug 9, 2022
Sterling remained stable against the euro and strengthened very marginally against the US dollar yesterday, while weakening decisively against commodity-based currencies the Australian, New Zealand and Canadian dollars and Norwegian krone. Retail sales for July were...
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by Charles Purdy | Aug 9, 2022
Yesterday sterling remained largely stable against the euro and US dollar over the course of the day, despite a small and temporary boost around midday. That has remained the case so far this morning. There were no data releases of note yesterday, however a poll of...
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