EUR: Markets await European unemployment figures

Euro made some gains against the pound yesterday, but is still weaker after a figures this morning showed German and Italian unemployment to have hit 6%, with eurozone-wide unemployment expected at 8% later this morning. Nonetheless, there was some slight cause for...


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USD: Dollar hits one-month low against pound

The US dollar has hit a one-month low against sterling, with investors losing confidence over rising tensions with China and as protests spread throughout the country following the killing of George Floyd. China’s state-owned farms have apparently been told to stop...


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EUR: Manufacturing decline shows slight easing

The euro is down against the pound this morning, with manufacturing data from yesterday showing a continued decline, albeit at a slower pace than April. Nonetheless, as in the UK, economies reopening have helped to push business confidence to a three-month high. The...


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