by Christopher Nye | Nov 12, 2021
The dollar is still benefitting from Wednesday’s inflation figures and is trading close to yearly highs against both the pound and the euro. It was a quiet trading day in the US yesterday due to Veteran’s Day, however the greenback could be subject to some movement...
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by Christopher Nye | Nov 11, 2021
The dollar is strong this morning, climbing to 2021 highs against a basket of currencies. This is due to US inflation figures, which were released yesterday. Consumer prices data showed that prices grew at their fastest annual pace since 1990 in October. Core...
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by Christopher Nye | Nov 11, 2021
The euro is stronger against the pound and weaker against the dollar this morning, mainly due to sterling and greenback movements. The European Central Bank is set to release its economic bulletin later today, which presents to economic and monetary information that...
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by Christopher Nye | Nov 11, 2021
The pound is weaker against the euro and dollar this morning, struggling to recover from last week’s losses following disappointing GDP figures released this morning. The figures show that the UK economy grew by 1.3% in the three months to September, missing...
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by Christopher Nye | Nov 11, 2021
The pound is weaker against the euro and the dollar this morning, trading around recent lows. This follows the release of GDP figures, which show that UK economic recovery slowed in the third quarter of this year. Rising infection rates, the so-called ‘pingdemic’ and...
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