by Christopher Nye | May 13, 2021
The pound reached a 5-week high against the euro yesterday and is still strong this morning. It has strengthened since the start of the week following the UK’s local election results, when political ‘risks’ subsided after the SNP failed to achieve an outright...
read more
by Christopher Nye | May 12, 2021
The dollar is still weak against the pound and euro this morning but has strengthened slightly against a basket of currencies ahead of the US consumer price index, which will be released later today. The data is expected to show a 3.6% lift in year-on-year prices,...
read more
by Christopher Nye | May 12, 2021
The euro is strong against the dollar and slightly weaker against the pound this morning. The single currency was given a boost yesterday due to a positive data release. The German ZEW Economic Sentiment Index, which gauges investor sentiment, jumped to 84.4 in the...
read more
by Christopher Nye | May 12, 2021
The pound is still strong against the euro and the dollar this morning, holding onto gains made at the start of this week. It strengthened due to waning political risks after the local elections last week and also because of the successful reopening of the UK economy,...
read more
by Christopher Nye | May 12, 2021
Sterling is still strong against the euro and the dollar this morning, holding onto its gains made after the local election results. GDP data released for the UK this morning shows that the economy shrank in the first quarter of this year but rebounded in March....
read more
