by Christopher Nye | Jun 21, 2019
A surprise announcement from the Bank of England yesterday caused the pound to weaken, and it is still looking volatile today. Recent developments in the Conservative leadership race have also had a bearing on sterling, with only two candidates, Jeremy Hunt and Boris...
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by Christopher Nye | Jun 20, 2019
The dollar is weak across the board this morning after the Federal Reserve’s policy announcement yesterday. Despite the Fed deciding to keep interest rates steady for now, it signalled that it is ready to lower interest rates in the near future due to risks at home...
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by Christopher Nye | Jun 20, 2019
The euro is strong against the dollar and choppy against the pound this morning. As well as benefitting from the greenback’s weakness, the single currency is trying to shrug off Draghi comments and weak economic data. Today, Consumer Confidence data will be released...
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by Christopher Nye | Jun 20, 2019
The pound rallied yesterday due to a confident stance from the Bank of England ahead of their policy meeting. Today, sterling shows strength against the dollar and is mixed against the euro. Compared to dovish statements from both the ECB and the Federal Reserve this...
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by Christopher Nye | Jun 20, 2019
After showing weakness so far this week, the pound is stronger this morning ahead of the Bank of England’s interest rate decision. It is thought that more interest rate hikes are on the way, which contrasts with recent announcements from other central banks, such as...
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