A member of the European Central Bank’s governing council warned that the likelihood of an adverse outcome from the Middle East crisis may have increased. Dimitar Radev said the cost of inaction would increase once the effects fed…
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S&P Global’s UK services study for March found activity expanded at the slowest rate in eleven months. Rising fuel costs meanwhile sent input price inflation to its highest since April 2025, while business optimism fell to a nine-month…
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The dollar is the dominant currency this morning. Friday’s much stronger-than-expected jobs data has reinforced expectations that US interest rates will stay higher for longer, and safe-haven demand from the Iran conflict is adding to dollar strength. This…
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The euro is holding its ground against the pound but losing it against the dollar. The shift in tone from the European Central Bank has been notable – senior officials are now saying the discussion at April’s meeting…
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The pound is struggling against a strong dollar, weighed down by safe-haven flows into the US currency. Domestically, the combination of higher employer costs from the new tax year and an economy that is barely growing leaves sterling…
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If you’re making an international transfer, this is a week to pay close attention. Markets are reopening after the Easter break into one of the most uncertain periods since the Iran conflict began – and the mood this…
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Oil jumped back above $105 overnight after Trump's primetime address dashed hopes of a quick end to the Iran war. Here's what it means for the pound, euro and dollar.
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Sterling is under pressure from two directions at once. At home, the new tax year has arrived with a raft of cost increases for businesses – from higher national insurance to the loss of rates relief – and…
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