by Charles Purdy | Dec 15, 2021
The pound has shot up this morning, reaching at least 1% higher than this time yesterday against the euro. So it might well be worth your while calling your trader on 020 8003 4915 to discuss locking it in a with a forward contract. As I’ll highlight below,...
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by Christopher Nye | Dec 15, 2021
The dollar is slightly lower against a basket of currencies this morning ahead of the conclusion of the Federal Reserve’s monetary policy meeting. This evening, the minutes from the meeting and press conference are expected to reveal that officials will be ramping up...
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by Christopher Nye | Dec 15, 2021
The euro strengthened against the dollar yesterday morning but weakened again in the evening. It’s a light day for data in the eurozone, but a series of PMI figures for both Germany and the eurozone will be released tomorrow. Yesterday, figures showed that industrial...
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by Christopher Nye | Dec 15, 2021
The pound has strengthened against the euro and the dollar this morning following the release of UK inflation figures. The figures show that inflation reached a 10-year high of 5.1% in November, above expectations of 4.7% and surging from October’s reading of 4.2%....
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by Christopher Nye | Dec 15, 2021
Sterling has strengthened against both the euro and the dollar following the release of UK inflation figures this morning. Inflation in the UK surged to 5.1% year-on-year in November largely due to rising energy prices and supply chain disruptions. The price of fuel...
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