by Charles Purdy | Feb 21, 2022
The pound strengthened against the euro at the end of last week, as news from the Russia-Ukraine border weighed on the single currency. However, it is slightly weaker this morning. The Ukraine crisis could continue to impact the pair over the coming week. PMI data for...
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by Charles Purdy | Feb 21, 2022
The currency markets continue to be driven by the crisis in Ukraine. News of a potential summit between President Biden and President Putin has caused the euro to strengthen against the pound this morning, however, Biden has only accepted the meeting “in principle”....
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by Charles Purdy | Feb 18, 2022
The dollar is still benefitting from its safe-haven status, trading higher against the euro, as uncertainty remains in Eastern Europe. Despite a flurry of data releases in the US yesterday, there was little reaction from the markets. The number of Americans filing for...
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by Charles Purdy | Feb 18, 2022
The euro has weakened against the pound but is trading around similar levels against the dollar this morning as markets keep an eye on Russia-Ukraine headlines. Yesterday, there were reports of shelling in the Ukrainian territory of Donbas, something that Russia and...
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by Charles Purdy | Feb 18, 2022
The pound has strengthened against the euro and the dollar this morning following positive data. However, tensions in Eastern Europe continue to be the main driver of currency movements. Russia continues to deny plans to invade Ukraine, accusing the West of hysteria,...
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