by Christopher Nye | Dec 10, 2021
After falling yesterday following the Prime Minister’s ‘Plan B’ announcement, the pound is stronger against the euro but is still struggling against the dollar. GDP figures released earlier this morning show that the UK economy grew by just 0.1% in October, with...
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by Christopher Nye | Dec 10, 2021
The pound is stronger against the euro but is still struggling against the dollar following disappointing GDP figures. The UK economy grew by a tiny 0.1% in October, mainly hindered by the hospitality sector. Some experts have expressed their concerns over the fact...
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by Christopher Nye | Dec 10, 2021
The dollar is still trading at strong levels this morning as growing concerns over the Omicron variant of coronavirus lead markets to favour ‘safe-haven’ currencies, such as the greenback. Initial jobless claims in the US have fallen to their lowest level in over 50...
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by Charles Purdy | Dec 9, 2021
The dollar is stronger against a basket of currencies this morning but could be on the back foot amid improved risk appetite. The markets are likely to keep an eye on jobless claims figures, which will be released today and provide an up-to-date view of the labour...
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by Charles Purdy | Dec 9, 2021
The euro is weaker against the dollar and stronger against the pound this morning. Data released this morning shows that the trade surplus in Germany fell in October. Imports jumped to a record high due to demand from China. Exports also increased with sales to EU...
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