by Charles Purdy | Dec 7, 2021
Sterling recovered some ground yesterday against the US dollar, and even more against the euro, as fears over the Omicron variant faded for investors. Indeed there is some debate that over time the UK could benefit from a higher rate of booster vaccinations. A surge...
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by Charles Purdy | Dec 6, 2021
The dollar is strong against a basket of currencies this week following revelations last week that the Federal Reserve may taper it monetary policy programme faster than initially expected. US inflation figures for November will be released on Friday and the markets...
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by Charles Purdy | Dec 6, 2021
The euro is weaker against the dollar this morning due to poor German factory orders. Released earlier today, the data shows that new orders for German manufactured goods plunged 6.9% month-on-month in October, following an upwardly revised 1.8% rise in September and...
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by Charles Purdy | Dec 6, 2021
The pound is still weaker this morning against the euro and the dollar after slipping last week. Its fall was due to the prevalence of the new Omicron coronavirus variant, which has worried markets. Despite this, uncertainty remains over how severe and transmissible...
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by Charles Purdy | Dec 6, 2021
The pound is still weaker against the euro and the dollar this morning following its slip last week. The Omicron variant continues to weigh on sterling as the markets worry about its potential effects. On Friday, Bank of England official Michael Saunders said he...
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