by Charles Purdy | Dec 6, 2021
If you were looking for a word to describe sterling’s place in the currency markets right now the word would probably be ‘uncertain’. When the global economy faces risks there are currencies that investors buy, such as the US dollar, yen and euro. Then there are those...
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by Christopher Nye | Dec 3, 2021
The euro has strengthened slightly against the pound but has weakened against the dollar following record annual PPI growth. The producer price index for the eurozone in October soared to 21.9% year-on-year and 5.4% month-on-month, both higher than anticipated. This...
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by Christopher Nye | Dec 3, 2021
The pound has opened slightly weaker against the euro but is still trading around similar levels as yesterday against the dollar. It was announced yesterday that the UK plans to invest significantly in vaccine research. Speaking on BBC Radio 4’s Today programme,...
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by Christopher Nye | Dec 3, 2021
The pound is trading around similar levels as yesterday against the euro and the dollar as markets await US jobs data. Investors will be interested to see whether today’s non-farm payrolls report supports Federal Reserve Chair Jerome Powell’s view that the US economy...
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by Christopher Nye | Dec 3, 2021
The dollar is largely unchanged against the pound and euro as markets await the all-important non-farm payrolls report later today. Initial jobless claims figures have already been released, revealing that 222k Americans filed for unemployment benefits last week. This...
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