December 31st, 2024
By Christopher Nye
Sterling went into reverse gear yesterday, weakening by half a cent against the US dollar and as much as 0.8% against the Japanese yen. This doesn’t appear to be based...
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December 30th, 2024
By Jonathan Cook
Sterling regained its footing on a sleepy first day of trading after Christmas. The pound recorded small advances over its competitors, although the lack of any...
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December 27th, 2024
By Christopher Nye
The pound had a mixed Boxing Day, weakening against the US dollar and euro, though faring better against the Canadian dollar and Japanese yen. There was little data...
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December 24th, 2024
By Jonathan Cook
The pound began the festive week on the back foot after UK GDP growth was revised down to zero in the three months to October. A sleepy day for currency markets was...
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December 23rd, 2024
By Christopher Nye
Sterling fell sharply from recent highs against the euro at the end of last week, and to the lowest level against the US dollar since the spring. The obvious cause was...
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December 20th, 2024
By Christopher Nye
The interest rate decision from the Bank of England (BoE) yesterday sent the pound in two different directions. Before the vote by the nine members of the BoE’s...
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