The euro performed strongly against the US dollar yesterday, while losing some value to the pound in back-and-forth trading.
Read more
›
The pound touched its highest level in months against the US dollar and continues to make smaller gains against the euro.
Read more
›
The pound and the euro both gained over half a percent on the US dollar yesterday, after Federal Reserve governor Christopher Waller said he was “increasingly confident” that current interest rates would slow the US economy’s inflation to…
Read more
›
The Japanese yen gained 0.28% against the US dollar during this morning’s Asian session following general weakness for the greenback following rumours the Federal Reserve is done raising interest rates.
Read more
›
At 4pm (UK time) Christine Lagarde, president of the European Central Bank is due to speak via a pre-recorded video in European Parliament before the Committee on Economic and Monetary Affairs.
Read more
›
Andrew Bailey, of the BoE, expressed concern that inflation will prove sticky below 4.0%. He said, “Policy is operating in what I call a restrictive way at the moment — it is restricting the economy. The second half,…
Read more
›
The pound jumped to multi-month highs yesterday against the euro and US dollar following comments from the Bank of England governor, Andrew Bailey, who warned that rates would not be cut “in the foreseeable future.”
Read more
›
The pound gained over 0.75% against the euro last week and well over 1% against the US dollar. The main reasons for that were the apparent continued health of the UK economy compared to Europe’s, as evidenced by…
Read more
›