by Charles Purdy | Mar 17, 2022
The pound strengthened slightly yesterday and this morning ahead of the Bank of England’s monetary policy meeting today. Officials are expected to hike the interest rate from 0.5% to 0.75%. However, the markets will be listening for any comments surrounding the...
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by Charles Purdy | Mar 17, 2022
The pound could be impacted by news from the Bank of England’s monetary policy meeting, with a statement due to be released around midday today. It is widely expected that the Bank will raise the interest rate from 0.5% to 0.75%, however, the markets will be listening...
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by Christopher Nye | Mar 16, 2022
The dollar is trading in a narrow range against the pound, euro and other currencies this morning. This comes ahead of the conclusion of the Federal Reserve’s latest monetary policy meeting. The Fed is widely expected to hike the US interest rate by 25 basis points...
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by Christopher Nye | Mar 16, 2022
The euro is stronger against the pound this morning due to news that talks between Russia and Ukraine are making progress. Ukrainian President Volodymyr Zelensky said that the talks have become “more realistic”, and negotiations are set to continue today. However, he...
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by Christopher Nye | Mar 16, 2022
The pound is struggling against the euro this morning as the single currency continues to respond to events in Ukraine. Sterling is also still in a weaker position against the dollar, as the greenback benefits from its status as a safe haven currency. The markets will...
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