October 18th, 2024
By Roseanne Bradley
The European Central Bank chose to lower interest rates yesterday by 0.25%, taking the headline rate to 3.25%. Markets had come to expect that judgement over the past...
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October 17th, 2024
By Jonathan Cook
The pound wrestled with Wednesday’s news that inflation had fallen to 1.7% in September, ceding ground to its major rivals as markets boosted bets on interest rate...
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October 16th, 2024
By Jonathan Cook
Headline inflation in the United Kingdom fell below the Bank of England’s target to 1.7% in September. GBP/EUR and GBP/USD both fell sharply this morning on the...
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October 15th, 2024
By Christopher Nye
It was a positive start to the week for sterling yesterday, with a modest rise against the euro, but more impressive 0.5% or so against the CHF, NOK and yuan. This...
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October 14th, 2024
By Jonathan Cook
Last week was a topsy turvy one for the pound as it fought back against recent weakness in stages. Friday’s news that US PPI fell to zero in September was enough to...
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October 11th, 2024
By Christopher Nye
There was little movement for sterling yesterday against the US dollar and euro. This was despite a rise in US inflation that took the markets by surprise. Core...
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