by Charles Purdy | Mar 28, 2022
The pound has started the week steady against the euro and close to 1% stronger than last Monday. Against the US dollar there was a fair amount of movement over the week but following the Budget on Wednesday matters settled down. GBP/USD is looking a little weaker...
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by Charles Purdy | Mar 28, 2022
The pound is looking positive against the euro this morning, if a little shaky against USD. Against the euro, for three months now between January and today sterling has struggled to surpass the resistance level around €1.20-1.21. You have to wonder whether it ever...
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by Charles Purdy | Mar 25, 2022
The euro is slightly stronger against the pound and the dollar following PMI data for the eurozone and an improving market mood. The data met market expectations but revealed that both the manufacturing industry and the service industry contracted in March as the...
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by Charles Purdy | Mar 25, 2022
The pound is weaker against the euro and the dollar this morning following disappointing data. PMI figures for the UK – which measure the expansion of a specific sector – revealed that the manufacturing sector contracted in March, but the service sector expanded....
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by Charles Purdy | Mar 25, 2022
The pound is weaker against the euro and the dollar this morning following a series of data releases in the UK, EU and US. In the UK, data disappointed, with poor PMI, consumer confidence and retail sales figures. The EU also saw lower PMI figures, while the US saw a...
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