by Christopher Nye | May 13, 2021
The pound is still strong against the euro, reaching a 5-week high yesterday. Although it has weakened slightly this morning, it is still trading around those levels. Sterling is also still strong against the dollar. This sterling strength began at the start of this...
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by Christopher Nye | May 13, 2021
The pound reached a 5-week high against the euro yesterday and is still strong this morning. It has strengthened since the start of the week following the UK’s local election results, when political ‘risks’ subsided after the SNP failed to achieve an outright...
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by Christopher Nye | May 12, 2021
The dollar is still weak against the pound and euro this morning but has strengthened slightly against a basket of currencies ahead of the US consumer price index, which will be released later today. The data is expected to show a 3.6% lift in year-on-year prices,...
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by Christopher Nye | May 12, 2021
The euro is strong against the dollar and slightly weaker against the pound this morning. The single currency was given a boost yesterday due to a positive data release. The German ZEW Economic Sentiment Index, which gauges investor sentiment, jumped to 84.4 in the...
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by Christopher Nye | May 12, 2021
The pound is still strong against the euro and the dollar this morning, holding onto gains made at the start of this week. It strengthened due to waning political risks after the local elections last week and also because of the successful reopening of the UK economy,...
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