by Charles Purdy | Nov 10, 2021
The dollar is slightly stronger against a basket of currencies this morning ahead of US inflation rate figures, which are set to be released this afternoon. Core inflation is expected to rise to 4.3% annually in October and overall inflation is expected to rise to...
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by Charles Purdy | Nov 10, 2021
The euro is little changed against the pound and the dollar this morning. The European Central Bank will hold its Non-Monetary Policy meeting today, which covers financial considerations such as the operation of the eurozone’s financial market infrastructure....
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by Charles Purdy | Nov 10, 2021
The pound recovered slightly against both the euro and the dollar yesterday and is trading around the same levels this morning. This came after comments from Bank of England Governor, Andrew Bailey, who said that interest rates could be hiked if inflation starts to...
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by Charles Purdy | Nov 10, 2021
All eyes will be on US inflation data today. Due to be released this afternoon, the figures are expected to show that inflation has risen both annually and month-on-month, following a 13-year high in September. Last week, the Federal Reserve said it will be ‘patient’...
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by Charles Purdy | Nov 10, 2021
Sterling staged a minor come-back yesterday against the euro, possibly an overhang from the governor of the Bank of England’s comments on Monday about interest rates. Although nothing to get too excited about, the pound remains well above the average for the past few...
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