by Charles Purdy | Mar 18, 2022
After strengthening yesterday, the euro has lost some of its strength against the pound and the dollar as the lack of progress with Russia-Ukraine peace talks continues to cause anxiety in the markets. Speaking yesterday, President of the European Central Bank...
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by Charles Purdy | Mar 18, 2022
The pound has fallen significantly against the euro but is stronger against the dollar following the Bank of England’s decision to increase interest rates. The BoE raised rates from 0.50% to 0.75% to try and tackle the rising cost of living in the UK after predicting...
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by Charles Purdy | Mar 18, 2022
The pound has fallen against the euro following the Bank of England’s decision to raise interest rates to 0.75%. While this rate hike was largely expected, the Bank issued a cautious message to markets around future hikes. This caused markets to re-evaluate, sending...
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by Charles Purdy | Mar 17, 2022
The dollar has weakened against a basket of currencies this morning following the Federal Reserve’s interest rate decision yesterday. As expected, the Federal Reserve increased its interest rate by 0.25% for the first time since 2018. The FOMC’s press release said,...
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by Charles Purdy | Mar 17, 2022
The euro is still strong against the dollar this morning after responding yesterday to signs that talks between Ukraine and Russia could be making progress. Despite this, Russia continues to bomb major cities in Ukraine, including buildings containing civilians. There...
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