by Christopher Nye | Dec 15, 2021
The dollar is slightly lower against a basket of currencies this morning ahead of the conclusion of the Federal Reserve’s monetary policy meeting. This evening, the minutes from the meeting and press conference are expected to reveal that officials will be ramping up...
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by Christopher Nye | Dec 15, 2021
The euro strengthened against the dollar yesterday morning but weakened again in the evening. It’s a light day for data in the eurozone, but a series of PMI figures for both Germany and the eurozone will be released tomorrow. Yesterday, figures showed that industrial...
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by Christopher Nye | Dec 15, 2021
The pound has strengthened against the euro and the dollar this morning following the release of UK inflation figures. The figures show that inflation reached a 10-year high of 5.1% in November, above expectations of 4.7% and surging from October’s reading of 4.2%....
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by Christopher Nye | Dec 15, 2021
Sterling has strengthened against both the euro and the dollar following the release of UK inflation figures this morning. Inflation in the UK surged to 5.1% year-on-year in November largely due to rising energy prices and supply chain disruptions. The price of fuel...
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by Charles Purdy | Dec 14, 2021
The dollar remains strong, on the promise of a tightening of monetary policy as the Fed looks to control inflation. Indeed, the dollar’s success has now stretched to the full year, as it reaches 3% up against the pound compare to last December, 8% up on the euro and...
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