by Christopher Nye | Feb 1, 2022
Yesterday the euro powered out of the dip it fell into in the latter part of last week, strengthening by 1% against USD and slightly less against the pound. The reason was positive economic data, with GDP strengthening well ahead of expectation across Europe (4.6%)...
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by Charles Purdy | Feb 1, 2022
Despite supportive data and market predictions of an interest rate rise, sterling fell against the euro yesterday following positive economic data on the Continent. Against the US dollar, however, the reverse was true, with GBP strengthening by close to half a cent...
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by Charles Purdy | Feb 1, 2022
The single currency staged a recovery yesterday afternoon following economic news that was supportive, including eurozone GDP rising well ahead of expectations. This meant that the pound fell by close to 0.5% against the euro despite otherwise supportive news,...
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by Christopher Nye | Jan 31, 2022
The dollar edged lower against a basket of currencies this morning, including the pound and the euro. However, this greenback is still being underpinned by expectations of an interest rate hike in March and rising tensions in Ukraine. It’s a busy week for economic...
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by Christopher Nye | Jan 31, 2022
The euro is weaker against the pound but has regained a little ground against the dollar this morning. It’s a busy week for data in the Eurozone, with GDP figures due later today, as well as inflation data for Germany. This will be followed by Eurozone inflation...
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