Rival currencies are starting to apply some light pressure to the euro after its recent success. The pound rose by the best part of 0.5% against the euro yesterday, while the US dollar reclaimed some ground with the…
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The pound is braced for the Bank of England’s decision today, an event likely to provide a sizeable dollop of volatility. Unlike at the last meeting, when all nine Bank members voted to cut rates, it doesn’t seem…
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Unemployment in the UK was unchanged from the month prior at 4.4% in January. This sets the scene for the Bank of England’s interest rate decision this afternoon. Bank members are expected to keep interest rates at 4.5%…
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After weeks of currencies jumping and falling, as the markets react to US president Donald Trump’s on-again, off-again tariffs, the markets have been practically stable in recent days.
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While there were climbs through the day, with sterling hitting $1.30 for the first time since November, by the time the markets closed, GBP, USD and EUR were in much the same place as they had been at…
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The pound briefly reached a $1.30 against the dollar, though it slipped back to $1.29 by the end of the day. All eyes are on the Bank of England, which will announce its interest rate decision on Thursday.
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He euro ended Tuesday slightly down on the pound and the dollar, but only marginally different from where the currencies started the day. Germany took a major step toward passing its historic investment deal, with final approval being…
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The dollar lost ground early on Tuesday but ended the day close to where it started. However, there is caution in the market ahead of this afternoon’s interest rate announcement from the Federal Reserve bank. A cut is…
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