by Charles Purdy | Apr 12, 2022
The euro is still benefitting from strength it gained following the French presidential elections in which current president Emmanuel Macron won the first round of voting. The single currency is weaker against the dollar, however. The second round will take place in...
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by Charles Purdy | Apr 12, 2022
The pound has strengthened slightly against the euro and the dollar following strong employment data. The UK’s unemployment rate fell to 3.8% in February, the lowest level since 1974. Average weekly earnings also grew 5.4% in February; however, this failed to keep up...
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by Charles Purdy | Apr 12, 2022
The pound has received support from strong UK jobs data this morning. Unemployment in the UK fell to its lowest level since 1974 in February and wages also rose. Nonetheless, wages are still not rising at the same pace as the cost of living, and many households and...
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by Christopher Nye | Apr 11, 2022
The dollar is strong against a basket of currencies this morning, driven by high inflation and the Federal Reserve’s intention to tighten monetary policy quickly. Last week, minutes from the Federal Reserve’s March meeting, as well as comments from policymakers,...
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by Christopher Nye | Apr 11, 2022
The euro has received a brief boost this morning following the first round of the French Presidential election. Emmanuel Macron has the lead against Marine Le Pen and the two will go head-to-head in the final round in a couple of weeks. However, the French elections...
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