by Christopher Nye | Nov 17, 2021
The pound has strengthened this morning against both the euro and the dollar, hitting a new 2021 high against the euro. This follows data released this morning showing that inflation rose to 4.2% in October, well above expectations. The higher-than-expected reading...
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by Christopher Nye | Nov 17, 2021
The dollar is stronger against a basket of currencies this morning following positive retail sales. However, it is weaker against the pound. Data released yesterday showed that US retail sales surged 1.7% month-on-month in October, beating predictions of a 1.4% rise....
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by Charles Purdy | Nov 17, 2021
At the start of the week I mentioned four data releases that would have the power to move sterling significantly. All were key economic indicators of the current and near-future state of the economy: employment, inflation, consumer confidence and retail sales. The...
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by Charles Purdy | Nov 16, 2021
The dollar has continued to climb against the euro and most other major currencies – the pound excluded – following good news on jobs on Friday. It is now at its highest rate against EUR since July 2020. Against the pound, last week USD was at its strongest for the...
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by Charles Purdy | Nov 16, 2021
The euro has fallen against the pound this morning on UK jobs and earnings data this morning. However it was already on a downward trajectory, and has weakened by around 0.7% against the US dollar too, since the weekend. This morning will see a range of EU data,...
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