by Charles Purdy | Apr 4, 2022
The dollar strengthened on Friday and is trading around the same levels this morning following a positive Non-Farm Payrolls report. The report showed that the US economy added 431,000 payrolls in March, below market forecasts of 490,000, but still pointing to a tight...
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by Charles Purdy | Apr 4, 2022
The euro is weaker against the pound and the dollar this morning due to news of more possible Russian sanctions. Lithuania has cut itself off entirely from imported Russian gas and is encouraging the EU to follow suit. The German defence minister has said that the EU...
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by Charles Purdy | Apr 4, 2022
The pound is still looking stronger against the euro this morning after strengthening at the end of last week. This was due to better-than-expected UK GDP data, as well as concerns over poor eurozone data and Russian gas weighing on the euro. Data released this...
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by Charles Purdy | Apr 4, 2022
The pound is stronger against the euro this morning. This is largely due to the possibility that the EU will increase its sanctions on Russia this week, which is weighing on the single currency. Both the French President and the German Defence Minister have called for...
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by Charles Purdy | Apr 4, 2022
Last week was one in which the pound started at over €1.20, crashed by over 2% to below €1.175 over the course of three days and then settled at halfway between the two. There was even a brief spike yesterday evening which was probably caused by a computer glitch, or...
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