After a brief dip on Wednesday, the pound bounced back up to those 2½ year highs yesterday. There isn’t a great deal of data coming down the wire today, but next week starts with a final result for…
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It was all downhill for the dollar again yesterday, with between 0.5% and 1% drops against some major rivals. Later today we’ll be getting a report that measures underlying inflation – the US core PCE price index –…
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It was a mixed day for the euro yesterday, with losses against sterling and the Australian dollar but close to 0.5% growth against the US dollar.
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Sterling stayed strong yesterday, returning close to Wednesday’s highs against the euro and exceeding them against the US dollar. The pound is now 10% stronger against the dollar than this time last year. Sterling has been strengthening on…
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This afternoon, European Central Bank president Christine Lagarde and other policymakers are due to speak in Frankfurt at the eighth annual ESRB conference, 'New Frontiers in Macroprudential Policy'.
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The OECD ranked Britain joint second among the G7 developed countries in an upgraded forecast that saw the UK’s outlook increase from 0.4% in May, to 1.1% in September. The 2025 forecast of 1.2% was maintained.
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With little high-level UK data on the cards midweek, US dollar investors look to Friday’s price core inflation figures set to be released on Friday for fresh hints at the direction of the Federal Reserve.
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As the pound reported marginal losses against key currencies yesterday, the euro increased to a 14-month high against the US dollar as demand faltered. This morning, the euro has continued to strengthen as the focus shifts to key…
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