by Charles Purdy | Feb 18, 2022
The pound is stronger this morning following better-than-expected retail sales data. In January, the UK saw the biggest monthly increase in retail spending since the lockdown was lifted last spring. Nonetheless, tensions in Eastern Europe continue to be the main...
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by Christopher Nye | Feb 17, 2022
The situation in Eastern Europe is also helping the dollar and other safe-haven currencies gain some ground. It strengthened this morning after Russian-backed separatists claimed that Ukrainian forces have violated the cease-fire. The minutes from the Federal...
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by Christopher Nye | Feb 17, 2022
The euro is weaker against the dollar and the pound due to tensions at the Ukrainian border. The single currency’s movements could continue to be driven by news from Eastern Europe and if tensions escalate it is likely to weaken. Industrial production figures were...
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by Christopher Nye | Feb 17, 2022
The GBP/EUR pairing continues to be impacted by the situation in Eastern Europe. After weakening against the euro on Tuesday, the pound strengthened yesterday and is still in a stronger position this morning. After an apparent de-escalation of tensions on Tuesday...
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by Christopher Nye | Feb 17, 2022
News coming from the Ukrainian border has been impacting the currency markets this week and could continue to do so. The pound is stronger against the euro this morning after a lack of confirmation that Russia is withdrawing troops. The US says that despite Russia...
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