by Charles Purdy | Dec 1, 2021
The euro is stronger against the pound and the dollar this morning. Data released yesterday showed that eurozone inflation came in at a record high, soaring to 4.9% in November. High gas prices and imported goods were said to be the main drivers. German inflation came...
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by Charles Purdy | Dec 1, 2021
The pound is still weaker this morning due to worries surrounding the Omicron variant. Following the Prime Minister’s announcement at the weekend, concern has increased and this was heightened further following an interview with Moderna’s chief executive, published...
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by Charles Purdy | Dec 1, 2021
The pound is still weaker against the euro and the dollar this morning following an interview published yesterday with Moderna’s chief executive, who said that vaccines may not be as effective against the new Omicron variant. However, the makers of both Pfizer and...
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by Charles Purdy | Dec 1, 2021
The pound continues to drift as competing suggestions as to existing vaccines’ efficacy against Omicron hit the headlines. Indeed, for a quiet week for data it’s been quite a busy week on the currency markets. As well as Omicron, we’ve had the chair of the...
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by Charles Purdy | Nov 30, 2021
The US dollar’s strength has mirrored that of the euro, with gains of over 0.5% against all major currencies bar EUR, CHF and JPY. Against sterling the US dollar hit a new 11-month high yesterday. There were no major data releases yesterday, but today we’ll hear about...
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