The pound has been flying high over the past few days, with a 1%-plus improvement against the euro and three-year high against the US dollar. However, this is despite the increasing possibility of the Bank of England not…
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A mixed day for sterling saw no great advance on this week’s 1% gain on the euro but the best for GBP/USD since early 2022. There are some mortgage numbers coming out tomorrow but we’re in a fallow…
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A calm day on the markets saw the single currency treading water. This was despite a slew of industrial data yesterday, which continues today with French and German inflation and GDP. If the markets are still where they…
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Yet more of a sinking feeling for the US dollar as it reached a three-year low against the pound yesterday. After evidence of further loosening of the US employment market yesterday with JOLTs job openings, attention will turn…
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From the euro to the Japanese yen, the US dollar fell against the majority of the world’s major currencies yesterday. The ongoing trade war is one source of this weakness, but the onslaught of key data is also…
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The euro’s fortunes will likely be dictated by growth data this week. European Central Bank Vice President Luis de Guindos didn’t exactly calm any nerves yesterday when he relayed to lawmakers that the figures would be “modest”. With…
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Sterling’s quiet advances have seen it make up ground against both the euro and the US dollar over the past week. With attention likely to be trained elsewhere this week, there is a chance the pound could pick…
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The pound made a strong start to the week, pairing a rise of three-quarters of a cent over the euro with a similar performance against the US dollar. For those still keeping score, GBP/USD is now around five…
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