The euro soared with the opening of the markets this morning, with the German election results sending the currency to a one-month high against the pound and dollar. Inflation figures and consumer confidence data due this week may…
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Sterling starts the week on middle road between the dollar and euro, not through UK actions but the winner of negative investor sentiment in the US and the loser to European confidence following the German election result. It…
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The euro has rallied after the German election results, climbing to a one-month high against the pound and dollar. Meanwhile, USD slumps after Wall Street investors express worries about US stagnation. The pound ended last week up on…
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The dollar suffered from a disappointing jobs report yesterday, which took the currency firmly into the negative across the week against all major currency partners. This afternoon we will get some housing data and PMI.
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A better performance for the single currency yesterday saw it improve across the board (although only very slightly against GBP), but over the week it remains around 0.5% down on sterling and most commodity-backed currencies such as the…
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There has been an improvement in the fortunes of sterling across the week against all but the yen, strengthening by more than 0.5% against the euro and US dollar. Things go considerably quieter on the data front next…
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A frenetic week for data in the UK has been good news for the pound, which is now 2% up on the euro and 3% up on the US dollar compared to this time last month. Overnight we…
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The US dollar demonstrated its power on Wednesday, swiftly knocking down some of the pound and euro’s recent gains. Much of that was sparked by the assumption of slower interest rate cuts from the Federal Reserve but it…
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