by Christopher Nye | Nov 18, 2021
The euro is still weak against the pound this morning but is slightly stronger against the dollar. The final Eurozone inflation figures were released yesterday, showing that inflation rose to a 13-year high in October as expected. Rising energy costs were cited as the...
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by Christopher Nye | Nov 18, 2021
The pound is still strong this morning against the euro and the dollar after higher-than-expected inflation figures yesterday. Inflation jumped to 4.1% annually in October, leading the markets to increase their expectations of an interest rate hike before the new...
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by Christopher Nye | Nov 18, 2021
After strengthening to a 21-month high against the euro yesterday, the pound is still trading around strong levels against both the euro and the dollar. This follows inflation figures yesterday, which showed that UK inflation jumped to its highest rate in nearly 10...
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by Christopher Nye | Nov 17, 2021
The pound has hit a new 2021 high this morning after the UK’s latest inflation reading. Inflation came in at 4.2% year-on-year in October, higher than estimates of 3.9% and a jump from last month’s reading of 3.1%. It’s the highest reading since December 2011. This...
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by Christopher Nye | Nov 17, 2021
The euro is weaker against the pound and the dollar this morning, mainly due to sterling and greenback movements. We could see some movement from the single currency later today following the release of the eurozone’s inflation figures, which are set to be released at...
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