EUR: No flash in the pan

The euro has maintained its strength throughout the summer season. Close to a four-year high against the US dollar and holding its own against sterling, it’s now clear that a rejuvenated single currency is no flash in the pan. GBP/EUR: the past year 1 Min 5 Min 1 Hr 1...


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GBP: Another data test

The pound was rewarded for passing last week’s GDP test, but this week brings yet more hurdles. Inflation might make awkward reading for the Bank, but don’t expect sterling to navigate the second half of the week without a few uncomfortable moments. GBP/USD: the past...


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Impasse in Alaska cranks up the pressure

The pound strengthened by half a cent against the euro and by over a cent against the US dollar last week, bolstered by June’s unexpectedly robust GDP report. A subdued Friday saw some of the week’s risk appetite fade away. If Friday was quiet, it was because all eyes...


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Pound at six-week high against euro

Pound at six-week high against euro

It was a busy day on the currency markets. There were rises for sterling in the morning, with the pound-to-euro rate hitting its best since the beginning of July. Then the Producer Price Inflation (PPI) data for the US came in and the sharpest rise for over three...


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USD: PPI perks up dollar

There were big rises across the board for the dollar following the release of PPI data that shows a strong uptick in inflation. We’ll be getting retail sales data shortly, then the Michigan Consumer Sentiment Index, both good indicators of everyday American’s mood...


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