The pound held its ground against major currencies yesterday ahead of key economic data expected to come later this week.
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The dollar index is hovering around its highest levels in two weeks ahead of the Fed's interest rate decision on Thursday. While investors widely expect the central bank to hold rates steady this week, they will be focuses…
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The consumer price inflation rate in the euro area was confirmed at 2.6% year-on-year in February 2024, the lowest rate in three months but exceeding the European Central Bank’s 2.0% target.
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A letter to BoE governor, Andrew Bailey, from over 50 leading economists and campaign groups warned the Bank is falling behind other major central banks as its work on green measures falls short.
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Sterling has been becalmed since the start of the year, barely moving either way against the euro and only marginally more lively against the US dollar. The reason is the well-signposted refusal of the Bank of England –…
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Data from across the Atlantic caused some significant moves in currency markets last week. The pound lost 1% to the US dollar and half a per cent to the euro, while EUR/USD lost two thirds of a per…
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The Bank of England are once again expected to hold interest rates at their current levels on Thursday, so we might have to interest ourselves in the voting records of MPC (Monetary Policy Committee) members. The last decision…
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The ECB has been warning of resurgent price pressures. On Friday, France reported inflation had increased to 3% year-on-year in February. It was a small increase, but the eurozone will be hoping France is not the canary in…
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