by Charles Purdy | Dec 9, 2021
The pound is weaker this morning following the Prime Minister’s announcement yesterday. News that ‘Plan B’ restrictions will come into place tomorrow and next week has prompted sterling to lose value against most currencies. The working from home guidance prompts...
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by Charles Purdy | Dec 9, 2021
Sterling is weaker against both the euro and the dollar this morning following the announcement yesterday that ‘Plan B’ restrictions will be introduced in England. The Prime Minister’s press conference revealed that mask wearing will be required in more public places...
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by Charles Purdy | Dec 8, 2021
The dollar has edged lower this morning against a basket of currencies, as investors turn to risker currencies amid a ‘risk-on’ market mood. The markets now look towards inflation rate figures on Friday and the Federal Reserve’s monetary policy meeting next week. Core...
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by Charles Purdy | Dec 8, 2021
After weakening against the pound and the dollar yesterday, the euro has started to recover slightly this morning amid a ‘risk on’ market mood. In its latest report, the International Monetary Fund concluded that the euro area economy is recovering rapidly thanks to...
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by Charles Purdy | Dec 8, 2021
The pound recovered slightly against the euro yesterday but has edged lower again in the evening and this morning. This could be due to decreasing expectations of an interest rate hike at the Bank of England’s monetary policy meeting next week. The emergence of...
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