BoE data suggests bottoming out for sterling

The pound has weakened further against the euro and the dollar this morning. After the resignation of Andy Haldane as the Bank of England’s Chief Economist caused sterling to weaken, economists do not think this will affect sterling in the coming months. Inflation...


read more

USD: Retail sales data to be released later today

The dollar has weakened to a new four-week low against a basket of currencies this morning, due to falling treasury yields. This has come about due to the Federal Reserve’s ‘dovish’ message, which has reiterated that interest rates will stay low for some time. Fed...


read more

Pound suffers as Europe shows signs of progress

The pound is still weaker against the euro this morning. It’s thought that news surrounding the UK’s vaccine progress could now be priced into the markets. However, in Europe, signs that their vaccine rollout is improving is giving the euro a boost. Erring on the side...


read more