by Charles Purdy | Apr 27, 2022
The euro is still weaker against the dollar this morning as worries about the state of the European economy continue. The consumer climate indicator for Germany was released this morning, which is a questionnaire focusing on income expectations, buying propensity and...
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by Charles Purdy | Apr 27, 2022
The pound is still weak against the euro and the dollar due to worries about the UK economy and global growth concerns. As sterling typically moves with the wider markets, a fall in the global stock markets has weighed on the pound, as has poor economic data...
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by Charles Purdy | Apr 27, 2022
The pound is still struggling against the euro and the dollar this morning due to concerns over both the UK and the global economy. Typically, the pound tends to move with the global markets and as they are currently under pressure, so is sterling. The euro continues...
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by Charles Purdy | Apr 27, 2022
Sterling crashed to a new low against the US dollar yesterday and is now down to levels last seen in midsummer 2020, the immediate aftermath of the pandemic’s first wave. The situation against the euro is better, for now. Although sterling has lost 2% in two weeks it...
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by Charles Purdy | Apr 26, 2022
The dollar strengthened further against both GBP and EUR yesterday, reaching 0.787 and 0.933 yesterday afternoon respectively. Indeed, the dollar has continued to strengthen against every major currency, being between 0.5% and 3.5% up against all of its major rivals...
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