by Charles Purdy | Mar 16, 2022
The pound has been bobbling around, “searching for direction” as they tend to say, as if it was a lost chiffchaff flying north to Britain for the arrival of spring. The good news is that, for now, it’s just about holding its own as the global economy and currency...
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by Christopher Nye | Mar 16, 2022
The euro is well-supported against the pound this morning as it continues to respond to news from Ukraine. Talks continue between Ukraine and Russia, with Ukrainian President Volodymyr Zelensky saying that they are beginning to “sound more realistic”. Negotiations...
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by Charles Purdy | Mar 15, 2022
The dollar has weakened against EUR ahead of the Fed’s interest rate decision tomorrow, while holding onto last week’s gains against sterling. Aside from the Federal Reserve interest rate decision tomorrow, it’s all about housing in the US this week, with building...
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by Charles Purdy | Mar 15, 2022
The euro continues to strengthen against the pound and has had a good start to the week against the US dollar after last week’s losses. Yesterday, wholesale prices in Germany were recorded rising at 16.6% year-on-year, and later this morning is the highly anticipated...
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by Charles Purdy | Mar 15, 2022
The pound has weakened further this morning against the euro, after falling another 0.3% or so yesterday. Its losses over the past week now are close to 2%. Against the dollar it has been more patchy, steadying after last week’s significant losses. There were no data...
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