The pound started the week by making further advances on the euro and the US dollar. GBP/EUR and GBP/USD are now both within a whisker of their highest in thirty months, with the pound’s strength driven by a…
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The pound is starting the week at its strongest for over two years against the euro. Perfect timing for anyone looking to buy a property in the eurozone, or to organise regular payments there, as they can fix…
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The Federal Reserve’s bold 0.5% cut sent stock markets into ecstasy, yet it had the opposite effect for the US dollar. The US dollar immediately fell against its rival currencies, although it may recover should growth remain at…
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The euro has struggled versus the pound of late. The one silver lining is that EUR/USD posted another positive week and opens the week hovering around its highest in a year.
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Sterling continues to benefit from central bank developments and reached multi-year highs against the euro and the US dollar last week. However, with the Bank of England likely to act again before the end of the year, the…
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The pound entered a new week counting sizeable advances over the euro and the US dollar. By the time of market close on Friday, GBP/EUR was closing in on its highest in over two years, while GBP/USD had…
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Following its historic 50 basis point cut this week the dollar continued to come under pressure. Another 0.6% was added to its losses against sterling yesterday, and over the last week there were more than 1% losses against…
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The single currency staged something of a comeback yesterday against all but sterling, battling to another third of a cent gain against the US dollar, taking EUR/USD close to 1% stronger on the week. We are getting some…
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