If you appreciated the end-to-end football drama of PSG and Bayern Munich at the heart of Europe last night, imagine recent movements in the euro as the opposite of that. Against the pound and US dollar it’s barely…
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Gains for the pound this week have been modest – all less than 1% – but across the board. While few analysts expect a move on interest rates tomorrow, the voting pattern of the MPC and comments from…
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The pound weakened yesterday against the euro but then thought better of it, as an interest rate hold from the Bank of England (BoE) looks increasing likely to the markets when the Monetary Policy Committee (MPC) speaks tomorrow.…
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The Federal Reserve’s decision is just part of the significant events that could impact the US dollar this week. The war in the Middle East tops that list, but the Core PCE price index, GDP and durable goods…
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Even though headline inflation jumped last month, core inflation (which crucially removes fuel from the calculation) actually came down. Economists think this should be the European Central Bank the time to announce a hold on Thursday and revisit…
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The UK’s economic momentum has helped to support it in recent days, as PMI data GDP pointed to a better initial response to the energy crisis than expected. However, that isn’t the sole factor supporting the pound. Currency…
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The pound ended Monday close to its best level since the end of March against the US dollar and the euro, despite widespread uncertainty over the energy crisis and its impact on the economy. Iran did strike a…
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Sterling begins a crucial week close to its strongest in a month against the euro. The Bank of England must make another interest rate decision on Thursday (30 April) and, after some economic data that pointed in opposing…
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