November 11th, 2022
By Christopher Nye
Thursday was a wild day on the currency markets, with the pound strengthening by nearly 3% on the US dollar and well over 1% on the euro. Most of that gain was in the...
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November 10th, 2022
By Roseanne Bradley
After a steady start to the week, the pound fell against the euro yesterday following Russia’s orders for its troops to retreat from Kherson, Ukraine, in face of...
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November 9th, 2022
By Christopher Nye
Markets heard a sobering speech from the UK’s chief economist Huw Pill yesterday. He warned that the Bank of England will be forced to increase interest rates even as...
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November 7th, 2022
By Alex Bennett
Markets are still dealing with the aftershock of Kwasi Kwarteng’s September mini-budget as yesterday, the Halifax house price index revealed a year-on-year increase of...
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November 7th, 2022
By Alex Bennett
Sterling’s recovery from its historic low against the dollar in September seemed to have stalled towards the end of last week. The BoE’s gloomy economic...
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November 4th, 2022
By Alex Bennett
It wasn’t so much the widely expected 75 basis-point rise in interest rates – the largest for 33 years – that has sunk the pound, as the Bank’s warning of a two-year...
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