by Charles Purdy | Feb 14, 2022
The dollar strengthened against a basket of currencies towards the end of last week and is still strong this morning. Concerns about Russian troops at the Ukraine border, as well as high US inflation figures caused the dollar to strengthen last week. This week, the...
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by Charles Purdy | Feb 14, 2022
The euro weakened against the euro and the dollar at the end of last week and is still weak this morning. This follows comments from European Central Bank official Philip Lane, who suggested that recent ‘hawkish’ comments from the Bank were perhaps not entirely...
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by Charles Purdy | Feb 14, 2022
The pound made a recovery and strengthened against the euro and the dollar at the end of last week and is still strong this morning. This was mainly due to euro movements after comments from European Central Bank officials. The main event for the markets this week is...
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by Charles Purdy | Feb 14, 2022
The pound is stronger this morning, recovering against the euro and the dollar towards the end of last week. This week, all eyes will be on Wednesday’s inflation data for the UK. Although the year-on-year figure is expected to stay the same at 5.4%, any surprises...
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by Charles Purdy | Feb 11, 2022
The euro is weaker against the pound and the dollar this morning, mainly due to dollar strength. The European Commission has reduced its growth forecast for 2022 to 4.0%, down from the November prediction of 4.3%. This is largely due to soaring energy prices and...
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