by Charles Purdy | Feb 11, 2022
The pound has strengthened against the euro and is volatile against the dollar following record US inflation figures and several UK data releases. GDP figures reveal that the UK economy grew by 7.5% in 2021. This was the fastest annual growth since the 1940s and made...
read more
by Charles Purdy | Feb 11, 2022
The pound has strengthened against the euro and is volatile against the dollar this morning following data releases from the UK and US. UK GDP data released earlier showed that the UK economy grew by 7.5% in 2021, the fastest annual rate since the Second World War,...
read more
by Charles Purdy | Feb 11, 2022
The dollar saw a boost yesterday following higher-than-expected inflation figures and hawkish Fed comments but is volatile against the pound this morning. Inflation came in at 7.5%, the highest in 40 years, as the cost of living in the US continues to rise. This has...
read more
by Charles Purdy | Feb 10, 2022
The dollar is steady and largely unchanged this morning ahead of US inflation figures, which are due to be released this afternoon. Consumer Price Inflation (CPI) is expected to have risen to 5.9% month-on-month and 7.3% year-on-year in January. If the figures come in...
read more
by Charles Purdy | Feb 10, 2022
The euro is stronger against the dollar and the pound this morning, still supported by increased expectations of an interest rate hike from the European Central Bank. If this materialises, it would be the first time the ECB have raised rates since 2011. The markets...
read more
