EUR: Euro still weak against dollar

The euro is still weak against the dollar after suffering last week. This is due to a lack of economic drivers for the euro. PMI figures were released this morning for Germany and the Eurozone. Figures for Germany came in slightly below expectations, showing that the...


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GBP: Pound awaits data and lockdown news

The pound is slightly stronger against the euro and the dollar this morning after weakening at the end of last week following ‘dovish’ comments from Bank of England Governor, Andrew Bailey. Today, the Prime Minister will set out his plans for the final easing of...


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Lockdown news and GDP data this week

The pound is slightly stronger against the euro and the dollar this morning after weakening at the end of last week. The markets will be looking to GDP data for the UK, which is due to be released on Friday. This will reveal if the UK’s economic recovery is in line...


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EUR: Lagarde speech dismissed by markets

The euro is stronger against the pound but has lost some of its strength against the dollar this morning. President of the European Central Bank, Christine Lagarde, spoke yesterday about inflation in the eurozone. In her speech, Lagarde said, “We expect inflation in...


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