by Charles Purdy | Mar 21, 2022
The dollar is trading in tight ranges against the pound and the euro this morning ahead of a speech from Federal Reserve Chair, Jerome Powell, later today. Powell is set to comment on the US’ economic outlook ahead of a series of speeches from Federal Reserve...
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by Charles Purdy | Mar 21, 2022
The euro is steady against the dollar this morning ahead of a speech from President of the European Central Bank, Christine Lagarde, later today and throughout the week. It is thought that Lagarde will elaborate on her comments from last week, which suggested that the...
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by Charles Purdy | Mar 21, 2022
After weakening at the end of last week following the Bank of England’s monetary policy meeting, the pound has made some recovery at the start of this week. Inflation figures are due for the UK on Wednesday and sterling could react to any surprises. If inflation is...
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by Charles Purdy | Mar 21, 2022
The pound has made a small recovery against the euro after weakening last Thursday. This was due to a ‘dovish’ tone from the Bank of England’s latest monetary policy meeting, which sparked uncertainty over the Bank’s upcoming plans for interest rate hikes. The...
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by Charles Purdy | Mar 21, 2022
The pound starts the week close to where it began last Monday against the euro, but after a few days during which it fell by over 1% in the space of a few hours on Thursday. The reason was the Bank of England’s Monetary Policy Committee (MPC) meeting, which raised...
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