by Charles Purdy | Dec 2, 2021
The dollar is steady and largely unchanged against a basket of currencies this morning. A report on private jobs in the US was released yesterday, showing that private businesses hired 534,000 workers in November, beating market expectations of a 525,000 rise. This...
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by Charles Purdy | Dec 2, 2021
The euro is still trading around stronger levels against the pound and the dollar this morning following higher-than-expected eurozone inflation. Several European Central Bank officials will speak today and tomorrow, including President Christine Lagarde, and the...
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by Charles Purdy | Dec 2, 2021
After weakening on Tuesday, the pound has recovered a little against the dollar but is still trading around similar levels against the euro. Governor of the Bank of England, Andrew Bailey, spoke yesterday. Whilst he didn’t explicitly comment on the effects of the...
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by Charles Purdy | Dec 2, 2021
The pound has recovered a little against the dollar but is still trading around weaker levels against the euro this morning. Despite this, it is only marginally off its highest point since the pandemic began. In a speech yesterday, Governor of the Bank of England,...
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by Charles Purdy | Dec 1, 2021
The dollar has steadied this morning following a sharp rally yesterday, which was sparked by comments from Fed Chair Jerome Powell. Testifying in front of the US Senate Banking Committee yesterday, he signalled his support for quicker tapering of the Federal Reserve’s...
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