EUR: A swift turnaround

The euro’s recovery in recent weeks has been nothing short of remarkable. Fuelled by a newly united continent (and one that recognises the challenges it faces) the euro has recorded back-to-back weeks of sizeable advances over its rivals. GBP/EUR: the past year 1 Min...


read more

GBP: Bank caution a potential boost

Sterling cannot afford to lick its wounds from a disappointing GDP result for long. With an interest rate decision looming, the pound can expect volatility ahead, particularly with unemployment figures due to arrive. Analysts expect the Bank to leave rates unchanged,...


read more

Sterling looks to Bank after GDP miss

The pound ended last week on the back foot after the release of disappointing GDP data. News that the UK economy shrank in January pushed GBP/EUR down by half a cent and focused attention on the Bank of England’s next interest rate decision on Thursday (20 March)....


read more

USD: Dollar recovery fails to lift off

Something of a split in the dollar’s fortunes yesterday, with small gains against most European currencies and other dollars, but falls against Far Eastern currencies. Next week the Fed makes its interest rate decision, on Wednesday.


read more

EUR: Alcohol tariffs take fizz out of euro

Although the euro fell back yesterday a following Trump’s promise to put 200% tariffs on European alcohol imports, the reversal was not across the board. Coming up today we have a final reading for inflation in key eurozone economies, and on Tuesday it’s the ZEW...


read more