by Christopher Nye | Apr 27, 2021
The dollar has edged slightly higher this morning against a basket of currencies but remained near multi-week lows ahead of the Federal Reserve’s two-day monetary policy meeting. No changes to policy are expected at the meeting, but the markets will be looking out for...
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by Christopher Nye | Apr 27, 2021
The euro was slightly weaker against the dollar yesterday, partly due to disappointing economic data from Europe. German IFO data, which measures entrepreneurs’ sentiment about the current business situation, missed expectations. The figure rose to 96.8 in April,...
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by Christopher Nye | Apr 27, 2021
The pound is trading around the same levels against the euro and the dollar this morning. Sterling recovered some lost ground yesterday against both the dollar and the euro but is still lower than it was this time last week against the euro. This morning, CBI...
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by Christopher Nye | Apr 27, 2021
The Federal Reserve will begin its two-day monetary policy meeting later today. Whilst policy is expected to remain unchanged, the markets will be looking out for comments from Federal Reserve Chair, Jerome Powell. The meeting will conclude with a press conference...
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by Christopher Nye | Apr 26, 2021
The dollar is weaker against a basket of currencies due to a more positive economic outlook in both the US and Europe. This comes ahead of the Federal Reserve’s monetary policy meeting, which is due to conclude on Wednesday. Federal Reserve Chair, Jerome Powell, is...
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