The euro fell slightly against the pound yesterday ahead of key UK economic data on Wednesday and Thursday which includes UK CPI and GDP.
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Sterling investors will be keeping an eye out for the release of UK GDP figures for quarter four of 2023, which could confirm a technical recession in the latter part of last year.
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The markets were relatively quiet yesterday due to a lack of influential data releases, however, the pound held steady, making marginal gains against the euro and US dollar.
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The pound was stable to end last week but sterling will have to run the gauntlet of UK economic releases this time around.
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Joe Biden came in for criticism from the Department of Justice last week for his alleged diminished memory. Whether that’s true of not, the President and his aides will hope the American electorate will recall the performance of…
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German inflation fell to 3.1% year-on-year in January, after a brief resurgence in December. It will be the eurozone as a whole in the spotlight this week with the release of Q4 GDP statistics and another chance to…
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The pound trended slightly upwards against the euro while remaining little changed against the US dollar last week.
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It feels like Groundhog Day again for the pound against the euro, as it continues to cling to its position close to an 18-month high, without quite beating it. To lock in this rate for the year ahead,…
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