by Charles Purdy | Nov 2, 2021
The pound has taken fright since Halloween, slipping by well over 0.5% since early on 1st November. It’s a signal that the currency markets are rowing back on optimism about a hawkish Bank of England approach to monetary stimulus at Thursday’s...
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by Christopher Nye | Nov 1, 2021
The dollar strengthened at the end of last week and is trading around the same levels this morning. It’s a busy week in the US with the Federal Reserve’s next monetary policy meeting, ISM Manufacturing PMI, Balance of Trade Figures and Non-Farm Payrolls. With the...
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by Christopher Nye | Nov 1, 2021
The euro dipped against the dollar at the end of last week after eurozone inflation came in at a 13-year high. It has strengthened slightly this morning. Soaring energy costs, tax increases and persistent supply chain problems led to October’s year-on-year inflation...
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by Christopher Nye | Nov 1, 2021
The pound has weakened against the euro and the dollar this morning as markets await the Bank of England’s monetary policy meeting on Thursday. Markets will be listening for any comments on imminent interest rate hikes. This comes after Chancellor Rishi Sunak said in...
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by Christopher Nye | Nov 1, 2021
The pound has weakened against the euro and the dollar this morning. All eyes will be on the Bank of England’s upcoming monetary policy meeting. Any comments around imminent interest rate hikes could impact sterling. Tensions between the UK and the EU continue to...
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