Sterling gained across the board yesterday, including well over 1% against the US dollar, Canadian dollar, rupee, baht and others. Gains against the euro were limited to around 0.25%, but only because the euro was itself flying high.…
Read more
›
If you have been keeping half an eye on the news, you will know that the conflict in Iran has pushed oil prices sharply higher and left central banks scrambling to work out what it means for interest…
Read more
›
The pound has recovered slightly this morning after a wobble overnight, but the Bank of England decision at noon is the big moment.
Read more
›
The euro has been pulled in two directions — propped up by expectations of ECB rate rises but dragged down by Europe's heavy reliance on imported energy.
Read more
›
The dollar surged last night after Powell made clear that rate cuts are not coming any time soon. For anyone needing to buy dollars – whether for a property in the US, university fees or regular transfers –…
Read more
›
The pound to euro rate has held remarkably steady in the past week and is now close to two cents stronger than the start of March. However, we shouldn’t get too far ahead of our ourselves – that’s…
Read more
›
New hires in the American private sector averaged just 9,000 per week across February, well down from the previous month. The US dollar is now looking to this evening’s interest rate decision (one of the last of Jerome…
Read more
›
Tomorrow’s European Central Bank decision is arguably the most intriguing of this week’s packed interest rate schedule. Markets are pricing in another hold and the euro has held steady in recent days. It will be materially impacted should…
Read more
›
