by Charles Purdy | Feb 8, 2022
Sterling has clawed back some of last week’s spectacular losses against the euro, but remains around 1.2% down on this time last Tuesday. Against USD the pound remains broadly stable and 0.5% stronger than last week. In the business news, today we’ve heard that BP’s...
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by Charles Purdy | Feb 7, 2022
The dollar has strengthened slightly this morning following a positive non-farm payrolls report on Friday. The report showed that the US economy added 467,000 payrolls in January, exceeding market forecasts of 150K. Employment growth continued in leisure and...
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by Charles Purdy | Feb 7, 2022
After hitting a 3-week high against the dollar at the end of last week, the euro is slightly weaker this morning, but has held onto its gains against the pound. President of the European Central Bank, Christine Lagarde, will speak today before the European Parliament...
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by Charles Purdy | Feb 7, 2022
The pound is still weaker against the euro this morning after sustaining heavy losses last week. This occurred following the Bank of England and European Central Bank meetings, when BoE governor Andrew Bailey made ‘dovish’ or cautious comments, whilst ECB President...
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by Charles Purdy | Feb 7, 2022
Following the European Central Bank and Bank of England monetary policy meetings last week, the pound is still weaker against the euro this morning. Last week saw sterling hit a multi-year high against the euro before falling to a 6-week low following comments from...
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