by Charles Purdy | Mar 2, 2022
The pound has continued to be “range-bound”, as they say, against the euro, as it has been for almost a month. Against the US dollar, sterling has continued to fall and is today close to its lowest point since December, when the Omicron scare was at its worst. Given...
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by Charles Purdy | Mar 1, 2022
Mixed fortunes for the US dollar, which fell marginally yesterday against many of its rivals – but not EUR or GBP. There’s been a wide variety of results for the dollar over the past week, strengthening by 1.5% against the Swedish krone but falling 1.1% against the...
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by Charles Purdy | Mar 1, 2022
Given what is happening in Europe, no surprise that the single currency remains weaker across the board – except against the pound and Swedish krone. You’re only getting one cent less for each euro when buying dollars right now, but that could change with the...
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by Charles Purdy | Mar 1, 2022
After thrashing away wildly against the euro in early trading this week, only in the past few hours has sterling shown any real progress, strengthening by around 0.1% but still off its pre-invasion level. Over the week, sterling remains down at least 1% against all of...
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by Charles Purdy | Mar 1, 2022
While the war in Ukraine continues to dominate the headlines, its effect on most currencies has been relatively muted thus far, aside from the rouble. Sterling has recovered close to its pre-invasion level against the euro but remains highly volatile as the markets...
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