by Charles Purdy | May 27, 2022
The euro has strengthened this morning as market sentiment pushes the dollar lower. Retail sales in Spain saw a surprise increase both monthly and annually. April’s increase was the biggest rise in five months and was largely driven by sales on non-food products,...
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by Charles Purdy | May 27, 2022
The pound is supported against the euro and is stronger against the dollar this morning following the announcement of a £15bn economic plan to tackle the UK’s soaring cost of living. Chancellor of the Exchequer Rishi Sunak announced yesterday that every UK household...
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by Charles Purdy | May 27, 2022
The pound is supported against the euro and is trading around a one-month high against the dollar this morning following the announcement of a major economic plan to tackle the UK’s soaring cost of living. Chancellor Rishi Sunak has announced a £15bn cost of living...
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by Charles Purdy | May 26, 2022
The dollar is slightly weaker against a basket of currencies following the release of the Federal Reserve’s meeting minutes yesterday. The minutes confirmed that policymakers could rethink their approach to monetary policy depending on economic conditions in the...
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by Charles Purdy | May 26, 2022
The euro is still trading around strong levels against the dollar this morning after the European Central Bank confirmed that an interest rate hike will take place in July. Tomorrow, the ECB’s Chief Economist, Philip Lane, will speak and the markets will be listening...
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