by Charles Purdy | Jan 24, 2022
The dollar is slightly stronger against the euro and a basket of currencies this morning. This is due to anticipation for the Federal Reserve’s interest rate decision, which will take place on Wednesday, as well as rising tensions in Ukraine. As a ‘safe haven’...
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by Charles Purdy | Jan 24, 2022
The euro is slightly weaker against the dollar this morning, after making some gains at the end of last week. PMI figures will be released for the eurozone later today, which will give an indication of how the eurozone economy has performed in January so far....
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by Charles Purdy | Jan 24, 2022
The pound hit key resistance levels last Thursday and weakened slightly on Friday. Following a strong performance last week, sterling is trading around the same levels as Friday this morning. Both December’s inflation data and a ‘hawkish’ speech from Governor of the...
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by Charles Purdy | Jan 24, 2022
After weakening slightly on Friday, the pound is trading around the same levels against the euro and the dollar this morning. It’s a light week for economic data in the UK, however, PMI figures are due later today, which will indicate how the UK economy has performed...
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by Charles Purdy | Jan 24, 2022
The pound starts what could be a long and momentous week in British politics apparently unfazed by the fate of Boris Johnson. Although down around 0.5% from its highest point last week, GBP/EUR starts the week exactly where it started last Monday, and very close to...
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