by Christopher Nye | Sep 20, 2021
The pound is still trading around key levels against the euro and the dollar this morning ahead of the Bank of England’s latest monetary policy meeting, which is due to take place on Thursday. Although sterling was stronger last week, disappointing retail sales...
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by Christopher Nye | Sep 20, 2021
Both the Bank of England and the Federal Reserve are due to hold their monetary policy meetings this week and all attention will be on comments from officials on both sides of the pond. Whilst no major announcements are expected, any rhetoric regarding interest rates...
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by Christopher Nye | Sep 20, 2021
Sterling has started this week sliding against the euro and US dollar but remains – for now – around 0.5% higher than this time in August against both. Last week was a fascinating one for data, with UK unemployment falling sharply, yet inflation hitting its highest...
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by Christopher Nye | Sep 17, 2021
The euro has gained back a little strength against the dollar as markets wait for inflation figures later this morning. The single currency is still, however, feeling the effects of comments made by ECB official, Isabel Schnabel, in which she said the market is...
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by Christopher Nye | Sep 17, 2021
The pound is trading mostly around the same levels against the euro but has weakened against the dollar after upbeat US data yesterday and disappointing UK retail sales data this morning. UK retail sales decreased for the fourth month in a row, coming in at -0.9%...
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