by Christopher Nye | Oct 22, 2021
The pound has weakened slightly against the euro and the dollar this morning following a series of disappointing data releases. Retail sales fell for a fifth consecutive month in September. According to some economists, the petrol crisis is thought to have been partly...
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by Christopher Nye | Oct 22, 2021
The pound has weakened slightly against the euro and the dollar this morning following disappointing retail sales and consumer confidence. Retail sales excluding fuel fell by 2.6% year-on-year in September and 0.2% month-on-month. This is the fifth consecutive month...
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by Christopher Nye | Oct 21, 2021
The dollar is mostly unchanged this morning, still weaker against the euro and slightly stronger against the pound. It did strengthen against some commodity currencies, however, as Chinese company Evergrande’s shares plummeted. Initial jobless claims figures will be...
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by Christopher Nye | Oct 21, 2021
The euro is still in a stronger position against the dollar this morning, mainly due to weakness from the greenback. EU leaders will gather in Brussels today for their October EU Summit. A prominent subject is expected to be Poland’s concerns about the EU’s rule of...
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by Christopher Nye | Oct 21, 2021
The pound is still at strong levels against the euro and the dollar but has dipped slightly after strengthening yesterday. Overall, sterling was not affected by softer-than-expected inflation figures as expectations remain for a rate hike from the Bank of England this...
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