The euro was neck and neck with the pound on Tuesday and saw significant 0.6% gains over the dollar. However, a new German survey shows dismal expectations for market growth in the coming months.
Read more
›
The pound remained level with the euro on Tuesday, while gaining from the dollar’s losses. GBP ended Tuesday more than 0.5% up on USD. UK unemployment remained level, suggesting impact of the autumn budget is finally accounted for.
Read more
›
The dollar saw significant losses against the pound and euro on Tuesday, losing more than 0.5% against the pound and nearly 0.6% against the dollar. This is despite a dreadful economic sentiment report out of Europe.
Read more
›
After a string of gloomy weeks, the US dollar began Monday on a positive note. However, slight improvements and the trade and geopolitical fronts won’t make up for economic weakness. Plus, there’s still no guarantee that the American…
Read more
›
A quiet summer period presents both risks and opportunities to the euro, which slid against the pound and the US dollar to start the week. The slow trickle of data (including this morning's German consumer sentiment report) will…
Read more
›
Sterling’s performance was mixed yesterday, strengthening by around 0.3% against the euro and weakening by about half a cent as the US dollar made a recovery. Ahead of Thursday’s crucial GDP report, the pound’s path is very much…
Read more
›
Joblessness in the United Kingdom in June came in unchanged from the month prior at 4.7%, we learned this morning. After a quiet Monday, sterling was on the rise against both the euro and the US dollar immediately…
Read more
›
The pound strengthened by over a cent against the euro after last week’s interest rate cut from the Bank of England. The Bank decided on a 0.25% cut (taking the headline figure from 4.25% to 4%), although this…
Read more
›
