Sterling made slow but steady progress against the euro last week, taking GBP/EUR around 1% higher than a week ago. The pound has found some stability lately but remains the best part of three cents below where it…
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The US dollar began the slow process of rebuilding its former standing to end last week. Opinion is divided as to whether that can be sustained, but for now at least, a positive showing on Friday was enough…
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The euro is in the unfortunate position of being sensitive to trade tariffs but vulnerable to de-escalation from the US. To end last week, analysts noted that its recent strength was threatened by a US-dollar rebound as well…
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GBP/EUR ended last week close to its strongest since March, back in those heady days before the tariff announcement. The euro would scrub off those advances but there is least a welcome foundation of stability to build on…
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The euro faces a packed schedule of economic data points this week, putting its startling gains this month — 2% against the pound and 5% against the US dollar – at risk of a correction.
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There were relatively minor losses for USD yesterday against most currencies, but overall it’s a better week against the euro, albeit something of a dead cat bounce taking the month’s losses to just below 5%. Coming up today,…
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Gains for the euro on USD, yen and Swiss franc yesterday suggest an increasing appetite for risk among investors. It’s a quiet end to the week for eurozone data, but next week sees plenty of interesting business and…
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The pound had a positive day, gaining up to half a percent on leading currencies as the slow recovery continued. We’ve just had retail sales and consumer confidence, but the steady supply of data reduces to a trickle…
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