by Christopher Nye | Jan 31, 2022
The pound finished last week at strong levels against the euro and the dollar. It is still trading around the same levels this morning ahead of the Bank of England’s monetary policy meeting, which is due to take place on Thursday. There are expectations that officials...
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by Christopher Nye | Jan 31, 2022
It’s a busy week for central bank meetings, with both the Bank of England and the European Central Bank due to hold theirs on Thursday. Whilst it is widely expected that the BoE will hike interest rates again, no policy changes are expected from the ECB. The Bank of...
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by Charles Purdy | Jan 31, 2022
Sterling starts the week looking strong, back at close to its highest since the referendum in 2016 against the euro, but having slipped a couple of percentage points against the US dollar over the past two weeks. Its unusual to see the GBP/EUR graph diverging so...
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by Charles Purdy | Jan 28, 2022
The euro has weakened against both the pound and the dollar this morning, reaching its lowest level against the greenback since spring 2020. Indications of interest hikes in both the UK and the US are weighing on the single currency as the European Central Bank...
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by Charles Purdy | Jan 28, 2022
The pound has recovered its early week losses against the euro but has weakened against the dollar, hitting a one-month low yesterday. Sterling has been struggling against the dollar, which saw a boost after the Federal Reserve said that interest rate hikes in the US...
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