by Christopher Nye | Aug 16, 2021
The pound is well supported against the euro and the dollar ahead of a busy week for economic data releases. A series of employment figures will be released tomorrow followed by inflation rate data on Wednesday. The markets will be watching the inflation figures...
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by Christopher Nye | Aug 16, 2021
It’s a busy week ahead for economic data in the UK, with inflation, employment, and retail figures all due to be released. The pound is well supported against the euro this morning but could be impacted by this economic data as the week unfolds. Isolation rules are...
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by Christopher Nye | Aug 16, 2021
After reaching 18-month highs against the euro last week, the pound starts the new week slightly on the back foot against both the euro and the dollar. Despite this, sterling remains well supported above 1.17 against the euro. The pound’s retreat is largely down...
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by Christopher Nye | Aug 13, 2021
The euro is slightly stronger against the pound and is trading around similar levels to yesterday against the dollar. Industrial production figures for the eurozone rose by 9.7% year-on-year in June, missing market expectations of 10.4%. Inflation figures for both...
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by Christopher Nye | Aug 13, 2021
The pound has weakened this morning against both the euro and the dollar following US inflation data that could encourage the Federal Reserve to tighten its monetary policy earlier than anticipated. The travel industry has warned that the UK may fall behind Europe and...
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