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Bluestone Currency
Oct 15, 20211 min read
Sterling Stays Strong
GBP Sterling remains this week’s success story alongside the Swedish Krona which hit a 2 year high against the euro on inflation figures...
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Bluestone Currency
Oct 7, 20212 min read
The Euro stays under pressure
GBP Sterling gained further ground against the euro yesterday and is now flirting with the highest level it has seen this year. It was...
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Bluestone Currency
Oct 7, 20212 min read
Gas Unsettles The Markets
GBP Sterling continues to grind higher against the euro and has gained nearly one Eurocent since last Friday. It is now approaching its...
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Bluestone Currency
Oct 6, 20212 min read
Will Boris help sterling?
GBP Yields on the UK 10-year gilt touched 1.09% yesterday, its highest level since May 2019, as gas prices again soared, increasing...
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Bluestone Currency
Oct 5, 20212 min read
Sterling fights back
GBP Sterling is cautiously recovering some of the ground it lost last week to the dollar and overnight and has advanced slightly against...
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Bluestone Currency
Oct 1, 20212 min read
Stock Market Wobbles Keep The Dollar Up
GBP After a torrid week of trading, which has seen sterling give up over two cents against the dollar, it found some support yesterday....
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Bluestone Currency
Sep 30, 20212 min read
A continued rush for US dollars
GBP Sterling suffered again at the hands of a seemingly all-conquering dollar yesterday and touched its lowest levels since January this...
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Bluestone Currency
Sep 29, 20212 min read
Sterling worst-performing currency in the G10
GBP Sterling was the worst-performing currency in the G10 yesterday, dropping against both the dollar and the euro. Sterling faced an...
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Bluestone Currency
Sep 28, 20212 min read
Governor of the Bank of England: "The Hard Yards"
GBP A quiet start to the week saw sterling edge higher against the euro and the dollar. Buyers were encouraged after Andrew Bailey,...
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Bluestone Currency
Sep 24, 20212 min read
A hawkish old lady boosts sterling
GBP The Bank of England sprang a hawkish surprise on the markets yesterday and, in doing so, increased demand for sterling. The statement...
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Bluestone Currency
Sep 23, 20212 min read
Threadneedle Street in the spotlight!
GBP After the Federal Reserve were slightly more hawkish than expected, attention now turns to the Bank of England and their monthly...
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Bluestone Currency
Sep 21, 20212 min read
Risk-off Monday
GBP Sterling took a pummelling yesterday and hit its lowest level for a month before recovering a little ground overnight. The dollar was...
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Bluestone Currency
Sep 15, 20213 min read
UK Inflation: "The Largest Ever Recorded Increase in CPI"
The ONS says the rise in UK CPI inflation in the 12 months to August 21 constitutes the "largest ever recorded increase" since the...
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Bluestone Currency
Sep 10, 20212 min read
Weekly Market Update 10/09/21
UK Sterling, at last, made some headway against its main trading rivals yesterday and has held on to the gains this morning. Its strength...
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Bluestone Currency
Aug 16, 20213 min read
Weekly Market Update 16/08/21
Sterling enjoyed a solid week last week, touching its highest levels against the euro for 18 months in quiet trading before retreating on...
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Bluestone Currency
Jun 21, 20213 min read
US Dollar Volatility Continues
Volatility returned to currency markets last week with the US Dollar strengthening against most of its major peers. EURUSD and GBPUSD...
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Bluestone Currency
Jun 14, 20214 min read
Currency Markets Await The Federal Reserve
Currencies continued to trade in the familiar tight ranges for most of last week as the markets awaited the US Consumer Price Index (CPI)...
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Bluestone Currency
Jun 9, 20214 min read
Will Sterling's Gains Continue?
There are two main catalysts for the pound’s rise in value. The Brexit deal and the rapid rate of vaccination in the UK. Although Boris...
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Bluestone Currency
Jun 7, 20214 min read
Is The US Recovery Stalling?
After a week of anticipation, the non-farm payroll report came in at a slightly disappointing level and encouraged sellers of the dollar...
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Bluestone Currency
Jun 3, 20214 min read
Sunny start to the month for Sterling
As the UK slowly returns to normality, the currency markets continued to worry last week about the impact of this on inflation and...
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