Sterling has burst through to its best since June 2025 against the euro this morning, a rise of 1.5% in the past week. It follows heavy selling of the euro in Asian trading early today, with USD/EUR also…
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Sterling bounded upwards to its strongest against the euro since mid-July yesterday and far above where it has spent most of the past 18 months. There are positive reasons for that and less positive. On the plus side,…
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Sterling recovered ground on stronger UK growth, but high US yields kept the dollar close to a two-month high.
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Sterling had a mixed day on Tuesday, trading largely unchanged against the euro but falling further against a rampant US dollar. Yesterday’s main event came in Liverpool, where Andy Burnham made a much-anticipated address to the Labour party…
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Monday was another tricky session for currency markets as the bond sell-off continued and the price of oil nudged up towards the highest since the start of summer. Sterling strengthened slightly against the US dollar and the euro…
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Overnight the pound hit its lowest against the euro for two months, and although it has perked up a little in Asian trading this morning the pound is still looking a little sick, as politics gets into the…
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It was a sea of red on the charts for sterling yesterday as the pound dropped to its lowest since June against both the US dollar and the euro. Sterling has lost close to 3% against the US…
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The dollar is back in charge. Strong US data pushed it close to a two-month high yesterday, leaving the pound near a three-month low and the euro struggling to keep up. The reason is fairly simple: the US…
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