More grim economic data from Germany made bleak reading for the euro on Tuesday. The ZEW survey found perceptions of current conditions and the future outlook had both fallen, indicating the scale of the challenge the eurozone now…
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Sterling started Wednesday on the rise after August’s inflation failed to budge from the month before. The pound could make further moves today as markets mull the complex decision the Bank of England is eyeing tomorrow.
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Better than expected retail sales helped the US dollar steady itself ahead of the Federal Reserve’s highly anticipated interest rate decision this evening.
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Both the pound and the euro made decent gains against the US dollar yesterday, as odds for a US rate cut increased ahead of the Federal Reserve’s policy meeting tomorrow.
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Ahead of a few high-level economic releases this week, US dollar investors will look to US retail sales for impetus this afternoon. Having lost 0.4% and 0.25% against the pound and euro, respectively, on Tuesday, traders will be…
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The euro remains dependent on foreign data releases this week following the European Central Bank’s interest rate decision last week. This morning’s ZEW data for Germany could provide a boost, however, foreign interest rate decisions remain the most…
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The Institute for Public Policy Research (IPPR) said that the government needs to invest £15bn per year on a radical program of reforms to tackle Britain’s growing ill-health crisis. The IPPR said that this is vital for economic…
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There has been little movement of substance for sterling against the euro for three weeks now and it remains around 1% up on last month and 2% up on last year. The pound is well over 6% stronger…
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