by Charles Purdy | Jan 12, 2022
The pound remains in a strong position against both the euro and the dollar this morning. News that Omicron cases are falling, and overall hospital admissions are levelling has raised hopes that Covid-related restrictions and lockdowns won’t be implemented in the near...
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by Charles Purdy | Jan 11, 2022
Following six months of steady strengthening against the euro, the last six weeks have seen the dollar struggling against both euro and sterling. Yesterday, however, while global stock markets responded negatively to reports that the Federal Reserve may raise interest...
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by Charles Purdy | Jan 11, 2022
The euro has had a mixed 24-hours, falling against sterling and the US dollar but strengthening elsewhere. Yesterday, eurozone unemployment was recorded at 7.2%, the lowest level since March 2020. There were regional and demographic differences, however, with Spain at...
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by Charles Purdy | Jan 11, 2022
Sterling has strengthened again this morning, going beyond yesterday morning’s gains and rising fractionally above the €1.20 mark. Whether it can sustain that level will depend on how the markets view the post-Covid economy as they look to the spring. Read more about...
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by Charles Purdy | Jan 11, 2022
The pound has risen sharply in early trading today, finally breaching €1.20 for the first time in nearly two years and the $1.36 for the first time in over two months. The prompt appears to be fresh hopes that the threat of further lockdowns has fizzled out as...
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