Driven by figures showing increased unemployment and a shrinking jobs market, Tuesday began with the pound’s exchange rate rumbling against the dollar and euro. It recovered against the dollar through the day, but remained 0.35% behind the euro.
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After a quiet Monday, Tuesday began with a tumbling pound. Responding to fresh jobs data, which showed rising unemployment and fewer open positions across the country, traders sold the pound in favour of euros and dollars. In the…
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The dollar saw marginal gains on the pound and euro on Monday, up 0.2% and 0.1% respectively. However, behind those increases is a growing pressure for the US to strike trade deals, as the end to the 90-day…
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The euro last a little ground to the dollar and climbed a little on the pound, but it was largely stable on Monday. With last week’s inflation data and interest cut behind it and no major data releases…
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The pound was marginally down on the dollar and the euro on Monday, but in real terms it was an insubstantial difference. However, this morning’s unemployment figures may cause upset ahead of the GDP data coming on Thursday.
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Monday saw very little movement in the markets, with the dollar insubstantially up on the pound and the euro. The gains on the euro were under 0.1%, less than a cent in real terms. It’s gains on the…
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Last week saw the dollar continue to slide against other currencies. Compared to this time last month, you now get an extra two cents for every pound you change into USD. Meanwhile, the euro keeps going from strength…
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The dollar continued its decline against the pound and euro last week, losting nearly 2% of value in a month. New inflation data on Wednesday may increase the pressure on Trump even further.
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