by Charles Purdy | Mar 10, 2022
The dollar is struggling against a basket of currencies due to improved market mood. As a safe-haven currency, it tends to benefit when the market mood is low. Focus will be on the US’ inflation data, released later today. The figures are expected to rise to 7.8%...
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by Charles Purdy | Mar 10, 2022
The euro continued to strengthen against the pound and the dollar yesterday due to an improved market mood. This comes ahead of the European Central Bank’s latest monetary policy meeting, which is due to take place today. This strength has been partly driven by hopes...
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by Charles Purdy | Mar 10, 2022
The pound continues to be in a weaker position against the euro this morning but remains fairly close to the strong levels achieved last week and at the beginning of this week. Sterling has managed to gain some ground against the dollar. The UK’s economic data...
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by Charles Purdy | Mar 10, 2022
The euro is still recovering due to an improved market mood. Russian and Ukrainian negotiators will meet in Turkey today for peace talks and the markets could respond to news from this. Sterling is weaker against the euro this morning but has regained some ground...
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by Charles Purdy | Mar 9, 2022
The dollar has weakened against a basket of currencies this morning. After strengthening due to a ‘risk-off’ market mood, news of joint EU bonds has lifted market sentiment and caused the dollar to weaken. The US has revealed that it will immediately ban Russian oil...
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