by Christopher Nye | Jan 23, 2020
Euro is down against the pound this morning, after the latter strengthened on strong business optimism figures and a decreasing likelihood of a rate cut. The European Central Bank will likely leave interest rates unchanged at its meeting this afternoon, and Christine...
read more
by Christopher Nye | Jan 23, 2020
The pound was strong against both the euro and the dollar yesterday, as a series of positive data releases reduced the likelihood of an interest rate cut by the Bank of England next week. Following positive jobs data on Tuesday, the Business Optimism Index released...
read more
by Christopher Nye | Jan 23, 2020
The pound was buoyed yesterday as positive data releases, including the largest swing on record in business optimism, helped to make an interest rate cut seem less probable. Rates will still be in the news today, with the ECB’s decision being released this afternoon....
read more
by Christopher Nye | Jan 22, 2020
The dollar weakened yesterday against the euro and the pound, as both currencies strengthened. However, the greenback is stronger this morning. Reassuring comments from Chinese Health Officials have eased worries about a possible global pandemic. Despite this, the...
read more
by Christopher Nye | Jan 22, 2020
The euro has started the day relatively stable against the pound, as the markets await tomorrow’s interest rate decision. Yesterday saw a significant decline in Spanish industrial orders, but little movement on the back of this, as there was also cause for optimism as...
read more
