by Christopher Nye | Jun 28, 2021
Sterling starts the week with a spring in its step, strengthening by close to half a cent against the euro and a little more than that against the US dollar. It should probably be seen more as a rebound after sterling lost strength just after the Bank of England’s...
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by Christopher Nye | Jun 25, 2021
The dollar is stronger against the pound but weaker against the euro this morning following mediocre US data. GDP growth in Q1 was as predicted, at 6.4%, while initial jobless claims and durable goods orders failed to meet expectations. Later today, we will see...
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by Christopher Nye | Jun 25, 2021
The euro has strengthened against both the pound and the dollar this morning, supported by the BoE’s dovish announcement. German consumer confidence soared in June, well above market expectations and the highest reading since last August. This is a further indication...
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by Christopher Nye | Jun 25, 2021
The pound is weaker this morning following disappointing comments from the Bank of England. The Bank lifted its inflation forecast but voted to keep its stimulus programme and interest rates as they are. The UK government updated its ‘green list’ yesterday, adding a...
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by Christopher Nye | Jun 25, 2021
The pound is weaker this morning, initially falling around 0.50% against the euro and 0.30% against the dollar after the Bank of England expressed a relatively calm attitude towards raising interest rates. The BoE lifted its inflation forecast but voted to keep its...
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