by Charles Purdy | Jul 18, 2022
The dollar’s recent strengthening was pared a little back last week, slipping most noticeably against SEK and the Australian dollar, and by around 0.5% against the euro. Against the pound it has remained relatively stable while losing a little ground this morning. On...
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by Charles Purdy | Jul 18, 2022
It’s been a mixed week for the single currency, losing ground to the pound, NOK, Canadian and US dollar while losing to the Swedish krone and others. The big event of the week is undoubtedly the European Central Bank’s interest rate decision on Thursday, and that will...
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by Charles Purdy | Jul 18, 2022
Sterling has started the day in an upbeat fashion, possibly the result of Rishi Sunak’s lead in the Tory leadership contest, or possibly a hangover from the better than expected GDP result last week. This week is awash with high level data, including unemployment...
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by Charles Purdy | Jul 18, 2022
Sterling has started the week well in early trading today, strengthening marginally against the euro and US dollar. However it is still slightly weaker than the start of last week against both. It’s a busy week for data on this side of the Channel, but while the big...
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by Charles Purdy | Jul 18, 2022
The pound drifted sharply against the euro over the course of Friday, ending around 0.3% down on the week overall, after hitting a nine-week high on Wednesday following better than expected GDP data. This morning we’ve seen a slight recovery against both EUR and...
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