Positivity among America’s business leaders powered the dollar to gains against all-comers yesterday. The Jackson Hole Symposium continues in Wyoming, with Jerome Powell talking today at 3pm UK time.
Read more
›
Despite reasonable economic news it was a mildly downhill day for the euro yesterday, with losses of close to 0.5% against the US dollar and a small loss against sterling. Monday starts with the Ifo Business Climate report…
Read more
›
It was a mixed day for sterling, with losses against the US dollar and other safe-haven currencies the yen and Swiss franc. There’s no data to speak of today or indeed next week, with Monday a bank holiday.…
Read more
›
While sterling has limped into the last weekend of summer against the US dollar, August more generally has been positive, with a 1% gain on the euro, Swiss franc and others. The interest rate cut on 7 August…
Read more
›
Along with the euro, the dollar climbed above the pound, seeing gains of 0.4%, though it remained level against most other currencies. Today marks the start of the Jackson Hole symposium, providing greater clarity on when the US…
Read more
›
After a month of declines, the euro regained significant ground yesterday. It climbed 0.1% on the dollar and more than 0.5% on the pound, undoing more than half of the previous month’s losses. New EU manufacturing and services…
Read more
›
The pound was down significantly against its competitors on Wednesday, falling more than 0.4% against the dollar and more than 0.5% on the euro. However, the dips in currency don’t reflect the stock market where the FTSE 100…
Read more
›
It was a bad day for the pound on Wednesday. Following an above-expected rise in UK inflation, the dollar gaining more than 0.4% percent and the euro over 0.5% on sterling.
Read more
›
