by Charles Purdy | Mar 22, 2022
The dollar had a positive day yesterday, strengthening against all of its major rivals by as much as 0.7% and recovering from the losses it made around the Fed’s interest rate decision last week. On that subject, several Federal Reserve board members will be making...
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by Charles Purdy | Mar 22, 2022
The euro weakened against both US dollar and pound sterling yesterday and early this morning. Indeed it has fallen steadily against most of its major rivals apart from the Japanese yen over the past week. It’s been a quiet period for data, with no major data releases...
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by Christopher Nye | Mar 22, 2022
With the pound recovering against the euro but equivocal against the US dollar (indeed, all of its major dollar rivals), market movement is likely tomorrow when the inflation figures for February are released. The likelihood appears to be that inflation will exceed...
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by Charles Purdy | Mar 22, 2022
The pound has been climbing steadily since last week when the Bank of England’s split decision (1 to 8) on raising interest rates sent the markets into a tail spin. Against the US dollar things have been a little more patchy, ultimately ending in sterling declining by...
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by Charles Purdy | Mar 21, 2022
The dollar is trading in tight ranges against the pound and the euro this morning ahead of a speech from Federal Reserve Chair, Jerome Powell, later today. Powell is set to comment on the US’ economic outlook ahead of a series of speeches from Federal Reserve...
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