by Christopher Nye | Sep 15, 2022
The single currency strengthened marginally against the US and Canadian dollars while dropping a little against sterling. Germany’s year-on-year wholesale prices were released this morning. Wholesale prices for August rose by 18.9%, higher than market expectations of ...
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by Christopher Nye | Sep 15, 2022
Sterling strengthened yesterday against the euro and US, Canadian and New Zealand dollars, by between 0.25 and 0.50%, following the inflation figure released first thing. While the US’s higher-than-expected inflation sent the dollar surging on Tuesday, the UK’s...
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by Christopher Nye | Sep 15, 2022
It’s been a positive week for sterling so far against the euro. Against the dollar, sterling has recovered a little since its dramatic fall on Tuesday and is marginally up on this time last week. Economic data this week has been broadly positive. The headline...
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by Christopher Nye | Sep 14, 2022
The Federal Reserve’s latest inflation announcement saw the US dollar shoot up against both currencies yesterday. However, this morning the dollar is weaker, falling back to pre-inflationary levels against both sterling and the euro. This follows US annual core...
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by Christopher Nye | Sep 14, 2022
The euro continues to strengthen against the pound despite a deteriorating outlook for eurozone economic activity yesterday. Meanwhile, the euro strengthens against the dollar this morning following the Fed’s latest inflation announcement. Germany’s ZEW economic...
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