by Christopher Nye | Jun 25, 2021
The pound is weaker this morning, initially falling around 0.50% against the euro and 0.30% against the dollar after the Bank of England expressed a relatively calm attitude towards raising interest rates. The BoE lifted its inflation forecast but voted to keep its...
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by Christopher Nye | Jun 24, 2021
The dollar has edged marginally higher against a basket of currencies this morning after ‘hawkish’ comments from Federal Reserve officials. Atlanta Fed President, Raphael Bostic, and Fed Governor, Michelle Bowman, said the recent surge in consumer prices may well be...
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by Christopher Nye | Jun 24, 2021
The euro is mostly unchanged against the pound and the dollar this morning. PMI data released for the Eurozone yesterday showed that the manufacturing and services industries have grown at a rapid pace in June. The latest reading for the service sector indicated the...
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by Christopher Nye | Jun 24, 2021
The pound is steady against the euro and the dollar this morning ahead of the Bank of England’s monetary policy meeting later. It’s likely that the Bank will keep quantitative easing and interest rate levels unchanged, but comments from policymakers about the state of...
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by Christopher Nye | Jun 24, 2021
The pound could take direction from the Bank of England’s latest monetary policy meeting, which is due to take place at midday today. Although interest rates and quantitative easing measures are expected to remain the same, any comments from BoE officials about...
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