by Charles Purdy | Apr 1, 2022
The pound has regained some strength against both the euro and the dollar following better-than-expected GDP data and poor eurozone data. The UK economy expanded 1.3% quarter-on-quarter in the last three months of 2021, beating expectations. This growth was largely...
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by Charles Purdy | Apr 1, 2022
The euro weakened over the course of Thursday, mainly due to dollar strength and poor economic data for the eurozone. Eurozone unemployment came in higher than expected, and inflation data for both Italy and France revealed that prices have risen in both countries,...
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by Charles Purdy | Apr 1, 2022
The pound is stronger against the euro this morning following poor eurozone data that sent the single currency lower. Against the dollar, sterling remains steady as markets await the all-important US jobs data later today. From today, millions of people in the UK will...
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by Charles Purdy | Apr 1, 2022
The dollar has strengthened against the euro and is holding steady against the pound following US inflation data. Core Personal Consumption Expenditure – which measures the prices paid by people for domestic purchases of goods and services, excluding the prices of...
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by Charles Purdy | Mar 31, 2022
The dollar is weaker against a basket of currencies this morning due to market optimism about the war in Ukraine, which was sparked earlier in the week by Russia’s pledge to withdraw troops from Kyiv. ADP employment data was released yesterday, measuring how the US’...
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