by Christopher Nye | Mar 16, 2026
The euro continued to weaken against the US dollar last week while holding off further big losses against other currencies, including the pound. Energy costs feed quickly into European politics and household budgets, and we will get a steer on how worried European...
read more
by Christopher Nye | Mar 16, 2026
The US dollar gained between 1 and 3% against other global currencies last week, including around 1.5% against the pound and euro. The biggest data event of the week looks to be Producer Price Inflation (PPI) on Wednesday, although this will be from before the oil...
read more
by Christopher Nye | Mar 13, 2026
It was a strongly positive day for the US dollar as hopes for a rapid end to the “largest oil supply crisis ever”, according to the International Energy Agency, faded. With the euro weakening and Bank of Japan considering a move on interest rates, the US dollar is...
read more
by Christopher Nye | Mar 13, 2026
The euro continues to be one of the biggest losers from the mining of the Straits of Hormuz and subsequent oil price rises, especially against the US dollar, which it has lost some 1.5% against since Tuesday and has reached its weakest since last summer. We’re getting...
read more
by Christopher Nye | Mar 13, 2026
Sterling-euro remains an oasis of relative calm amid febrile and volatile global currency movements, while GBP/USD continues to fall. This morning’s GDP figure has certainly come as a disappointment for the government but joins a long line of data points that look...
read more