Sterling starts the week up on the euro and close to its best since March 2022. Against the US dollar, sterling remains some 4% down on its September high but having enjoyed two weeks of improvement. We are…
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It was a mixed week for the US dollar, with roughly 0.5% losses against the pound and euro but gains against commodity-backed currencies like the Canadian, New Zealand and Australian dollars.
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A difficult week for European politics – with the collapse of the French government – had little impact on the currency, which gained over the week against all but the pound and Swiss franc. The big event of…
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Last week saw sterling strengthen, returning close to its best since April 2022 against the euro and with 0.75% to 2% growth against the various dollars. This is a quiet week for data until GDP on Friday.
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Sterling starts the week up on the euro and close to its best since March 2022. GBP/USD remains some 4% down on its September high but having enjoyed two weeks of improvement. While political turmoil has been grabbing…
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There were very few bright spots for the dollar yesterday as it lost between 0.25% and 0.75% against major rivals. This afternoon, being the first Friday of the month, we’ll hear Non-Farm Payrolls. After last month’s worst numbers…
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The fall of Mr Barnier’s government had little impact on the single currency this week and any losses from Wednesday were recouped – and more – yesterday. The euro reaches the end of the week well up on…
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After two days of gradual gains, GBP/EUR fell away yesterday afternoon and reaches the end of the week where it started. It’s slightly more positive against other major currencies – USD, NOK, CAD – with 0.5% improvements. There…
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