by Charles Purdy | Feb 16, 2022
The pound is trading in a tight range against the dollar this morning ahead of the release of the Federal Reserve’s meeting minutes. The markets will be listening closely to the details of these minutes and any ‘hawkish’ signals – suggestions that interest rates could...
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by Charles Purdy | Feb 16, 2022
The euro rebounded yesterday and is still strong against the dollar and the pound due to easing tensions between Russia and Ukraine. Yesterday afternoon, President Putin said that Russia does not want war and has put forward proposals for a negotiation process. Russia...
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by Charles Purdy | Feb 16, 2022
The pound is weaker against the euro this morning, despite UK inflation figures coming in higher than expected. The annual inflation rate for the UK edged higher to 5.5% in January, the highest since 1992 and above market predictions. This is thought to have been...
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by Charles Purdy | Feb 16, 2022
Data released this morning revealed that UK inflation rose to a 30-year high in January to 5.5%. This exceeded market predictions and was largely driven by housing and utilities. Despite rising expectations for another interest rate hike from the Bank of England, the...
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by Christopher Nye | Feb 16, 2022
Inflation is once again in the spotlight after UK consumer prices hit a 30-year high this morning, causing the pound to regain some of its lost strength against the dollar. Annual inflation in January rose by 5.5%, the highest since early 1992 and far above the Bank...
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