by Christopher Nye | Jan 10, 2022
Despite being weaker against the pound and euro, the dollar is edging higher against a basket of currencies this morning ahead of US inflation data this week. December’s inflation rate will be revealed on Wednesday, which is expected to rise about 7% year-on-year....
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by Christopher Nye | Jan 10, 2022
The euro is weaker against the pound but found some strength against the dollar at the end of last week, which it has mostly maintained this morning. There are several events coming up this week that could impact the euro’s strength, including unemployment figures...
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by Christopher Nye | Jan 10, 2022
The pound is still strong against both the euro and the dollar this morning, following a resilient week. It’s a quiet week for economic data until Friday, when GDP, industrial production and balance of trade figures will be released. Until then, the pound is likely to...
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by Christopher Nye | Jan 10, 2022
Sterling is trading near a 2-year high against the euro and has reached a 9-week high against dollar this morning, after a resilient first week of 2022. There will be a series of UK data releases on Friday this week, including UK GDP figures for November, which are...
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by Charles Purdy | Jan 10, 2022
This morning sterling is back at – or close to – its highest rate for nearly two years against the euro, and around 2-3% stronger that this time last month against all of its main rivals. Indeed, GBP/EUR has only been kept off its highest since before the referendum...
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