by Charles Purdy | Apr 13, 2022
The euro is weak against the pound and the dollar this morning, due to waning hopes that a resolution will be found to the Ukraine conflict anytime soon. Economic sentiment figures for Germany came in yesterday, showing that expectations and assessments of the economy...
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by Charles Purdy | Apr 13, 2022
The pound is slightly stronger against the euro this morning following the release of UK inflation figures. Annual inflation came in higher-than-expected in March, increasing to 7% vs 6.2% in February. This was above predictions of 6.7% and was driven by the cost of...
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by Charles Purdy | Apr 13, 2022
The pound has been given a boost this morning following the release of UK inflation figures. The annual inflation figure for March is 7%, the highest rate since 1992, with petrol and furniture showing some of the largest price increases. Both the Prime Minister and...
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by Charles Purdy | Apr 13, 2022
After climbing against the euro yesterday, sterling received further support from UK inflation figures this morning. Against the dollar, however, the pound continues to fall. Inflation for both the UK and US are driving currency movements and could pave the way for...
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by Charles Purdy | Apr 12, 2022
The dollar remains stronger as markets continue to react to indications that the Federal Reserve could tighten monetary policy more quickly than expected. In a poll by Reuters, 85 out of 102 economists said they see the Fed hiking interest rates aggressively in May...
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