It’s been a good week for sterling. The pound has risen by three quarters of a per cent against the euro while improving by a cent and a half against the US dollar. The pound has built some…
Read more
›
The pound and the euro both rose against the US dollar on the back of lower than expected inflation numbers. Headline inflation in the US sank to 3% in June, the lowest figure since this time last year.
Read more
›
After a few days dominated by the Federal Reserve, it’s nice and reassuring to turn our attention to key data once again. US inflation figures will be scrutinised today, with experts predicting the headline number to fall to…
Read more
›
The euro is taking an early Summer break this week. As the pound and the US dollar thrash it out, the euro has bobbed along in a stable range without the drama of last week to disrupt it.
Read more
›
The pound rose to around its highest level against the US dollar in a month yesterday. Many will be hoping that the feelgood factor surrounding the change of government persists for a little while longer.
Read more
›
The UK economy expanded by 0.4% in May, well above forecasts in the 0.2% area. That matches March’s growth and comes after the economy recorded no growth in April. Sterling rose this morning against its rivals on the…
Read more
›
The above is a question many in the US would have been asking yesterday. Last week’s jobs data was widely interpreted as the first indisputable proof of economic slowdown. Evidently, this was not enough for Jerome Powell, who…
Read more
›
After the French election, the last thing the euro needed was to come under pressure from the US. However, Jerome Powell’s comments helped send the euro down yesterday afternoon. A boost is badly needed.
Read more
›
