by Christopher Nye | Apr 7, 2021
After reaching a 13-month high yesterday morning, the pound has now weakened slightly against the euro and the dollar. This is thought to be down to traders returning to their desks after the Easter weekend and profit taking. Despite this slip, it’s thought that...
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by Christopher Nye | Apr 7, 2021
After strengthening yesterday morning, the pound slipped against the euro and the dollar as traders returned to their desks after the Easter weekend. However, with the economy still on course to reopen as planned and vaccines continuing to be administered, sterling...
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by Christopher Nye | Apr 6, 2021
The dollar’s long decline against GBP over the past year bottomed out over the course of the past five weeks, but now there is evidence of further weakening. The picture against the euro remains mixed, as over the past week the greenback has fallen away from a...
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by Christopher Nye | Apr 6, 2021
The single currency appears to have arrested its declines against USD, strengthening by 0.5% over the last few days. It continues to flatline against sterling. On the data front, the week’s biggest item on the docket will be Germany’s balance of trade on Friday. Last...
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by Christopher Nye | Apr 6, 2021
Sterling momentarily breached €1.18 earlier this morning, a rate it has rarely surpassed in the past five years, while also strengthening to a two-week high against the US dollar. GBP/EUR has since fallen back but is still 0.5% ahead of this time last week. GBP/USD is...
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