Today’s GDP figures are an unexpected (but entirely welcome) boost for the pound. Fears had been building that a period of stagflation had arrived, and although many of those risks are still present, sterling will surely welcome an…
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The skies brightened for the pound on Tuesday and helped brush off the blues from what has otherwise been a dark and dreary February.
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The seemingly invulnerable US dollar is starting to crack. It remains strong against its key rivals, yet a broad unwinding of bets on the United States economic resilience is a worry. Attention will now be heightened on economic…
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The euro managed to push back against the US dollar despite ceding more ground to the pound yesterday. Over the course of Tuesday, EUR/USD climbed by half a cent, fuelled by US dollar weakness and a reassessment of…
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A buoyant pound enjoyed a morale-boosting day of gains against the euro and the US dollar yesterday. The UK’s economic fundamentals are still shaky, however. Tomorrow’s GDP data could bring more evidence of this, and therefore renewed sterling…
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The skies brightened for the pound on Tuesday as market confidence in Donald Trump’s economic policies showed signs of weakening. In what has otherwise been a bleak February, sterling improved by the best part of a cent against…
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Sterling came out as the loser on Monday, down more than 0.45% on the dollar and 0.4% on the euro. Yesterday, the UK government refused to speculate on how it world respond to tariffs, providing little confidence to…
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The dollar led throughout Monday as the market reeled to respond to Trump’s fresh trade tariffs and ended up on both the euro and sterling. However, the EU’s strong response was rewarded by the markets, so the dollar’s…
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