by Christopher Nye | Sep 23, 2021
The pound is still weak against the dollar and stronger against the euro today. This morning, German PMI data has been released, showing that the growth of the services and manufacturing industries slowed a little in September compared to August, missing expectations....
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by Christopher Nye | Sep 23, 2021
The pound has been steadily declining throughout the course of this week due to surging UK gas prices. Today, however, focus turns to the Bank of England’s latest monetary policy meeting, which is due to take place at midday today. After Governor Andrew Bailey...
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by Christopher Nye | Sep 23, 2021
The Bank of England will hold its latest monetary policy meeting later today and the markets will be listening closely for comments from officials. Whilst no changes to policy are expected, it will be interesting to see if any MPC members vote in favour of hiking...
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by Christopher Nye | Sep 22, 2021
The dollar was still strong against most currencies yesterday, benefitting from its ‘safe-haven’ status due to the cautious market mood. The big news today is the Federal Reserve’s latest monetary policy meeting, which concludes this afternoon. Investors will be...
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by Christopher Nye | Sep 22, 2021
The euro was stronger against the pound yesterday and briefly strengthened against the dollar. At the beginning of this week, data showed that producer prices increased to 115.60 points in August from 113.90 points in July of 2021, 12% higher than this time last year....
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