by Charles Purdy | Dec 20, 2021
The pound strengthened towards the end of last week due to the Bank of England’s monetary policy meeting, when it was unexpectedly announced that the interest rates would be raised to 0.25%. Despite this, sterling faces uncertainty this week, as it could react to...
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by Christopher Nye | Dec 20, 2021
Sterling starts the week in a steady position, trading around similar levels as last week against the euro. The Bank of England’s decision to raise interest rates, despite the uncertainty around the new Omicron variant, caught markets off guard and sent the pound...
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by Christopher Nye | Dec 17, 2021
The euro was trading around its lowest level since late November against the pound yesterday but has since strengthened against both sterling and the dollar following a European Central Bank meeting. Unlike its central bank counterparts, the ECB made no drastic...
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by Christopher Nye | Dec 17, 2021
The pound received a boost against both the euro and the dollar following the Bank of England’s decision to raise interest rates yesterday, but this has eased off a little this morning. The BoE has raised interest rates for the first time in three years to try and...
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by Christopher Nye | Dec 17, 2021
The pound jumped yesterday after the Bank of England announced it was raising interest rates for the first time in three years. Sterling has eased off slightly this morning but is still trading around strong levels. The move comes after months of rising inflation,...
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