Sterling hits one-year high but risks remain

GBP reached its highest level for more than a year this morning against the euro, following positive business confidence data yesterday from the UK’s service companies. This was in spite of a speech later in the day from Bank of England governor Andrew Bailey, who...


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EUR: ECB meeting this week

The euro fell to a three-month low against the dollar last week, due to bond market activity strengthening the greenback.  It is still weak against the dollar and the pound this morning. On Thursday, the European Central Bank will make their latest decision on...


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GBP: Bailey speech at 10am

The pound is still at strong levels against the euro and the dollar this morning. Sterling weakened against the dollar last week after a ‘dovish’ speech from Federal Reserve Chair, Jerome Powell. However, it is still stronger than it was this time last month. This...


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Pound poised for Bailey speech this morning

Sterling is at strong levels against the euro and is flat against the dollar today, after weakening against the greenback at the end of last week. This morning, Governor of the Bank of England, Andrew Bailey, is due to speak about the economic outlook for the UK. Any...


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