by Christopher Nye | Sep 13, 2021
The dollar is strong against a basket of currencies this morning ahead of US inflation data, which is due to be released tomorrow. Core inflation rate for the US is expected to fall slightly to 4.2%. It’s thought that, even with a slight fall, the Federal Reserve will...
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by Christopher Nye | Sep 13, 2021
The euro has hit a two-week low against the dollar this morning due to uncertainty about the upcoming German elections, as well as a strong dollar. Centre-left frontrunner in the upcoming German election, Olaf Scholz received a boost over the weekend after the second...
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by Christopher Nye | Sep 13, 2021
The pound is still strong against the euro and the dollar this morning due to signs of strong economic growth and hopes that interest rates can be raised in the near future. UK GDP data for July was released on Friday, revealing that the economy showed minimal growth....
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by Christopher Nye | Sep 13, 2021
Inflation rate figures for the US, EU and UK are due to be released this week. The markets will be watching these data releases closely and currencies could be impacted, as the figures may have a bearing on the actions of central banks. Prime Minister Boris Johnson is...
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by Christopher Nye | Sep 13, 2021
Sterling starts the week staying strong against the euro but falling by around a third of a cent against the US dollar this morning. Yet more good news for Emma Raducanu as her $2.5million cheque for winning the US Open is now worth £3,425 more than when she won on...
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