by Christopher Nye | May 4, 2021
The euro reaches the end of the start of the week down against sterling and the US dollar, but this appears to be a correction and is against the general run of EUR/USD which has been positive for weeks. Yesterday we saw manufacturing PMI data from across the...
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by Christopher Nye | May 4, 2021
The pound’s positive start to the working week has followed the pattern of recent Monday and Tuesdays. The week will be dominated by the Bank of England Monetary Policy Committee’s decision on interest rates and QE on Thursday midday, but there is plenty to chew on...
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by Christopher Nye | May 4, 2021
Sterling strengthened by just under 0.5% against most major currencies on Monday while British banks were closed, but nevertheless starts May 2% down on this time last month against the euro. This could be a pivotal week, with the Bank of England’s interest rate...
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by Christopher Nye | Apr 30, 2021
The dollar has received a boost after a series of positive data. GDP grew by 6.4% in the first quarter of 2021 and initial jobless claims last week were the lowest since the start of the pandemic. The Commerce Department, who released this data, said, “The increase in...
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by Christopher Nye | Apr 30, 2021
The euro has lost some of the strength it gained after the Federal Reserve’s meeting on Wednesday. Economic, industrial and services sentiment figures for the eurozone all improved in April, with economic sentiment seeing the highest figures since September 2018....
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