The dollar was the worst performer of the major currencies yesterday, slipping by 0.35% against the pound.
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The euro gained against all but the pound yesterday.
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Sterling has strengthened across the board at the start of the week, following what the markets apparently see as reassuring news – centrists taking more power in the heart of government – and a strong labour market continuing,…
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The pound gained 0.25% against the euro and a little more against the US dollar in Monday’s session as prime minister Rishi Sunak reshuffled his cabinet. This morning’s unemployment data, and continued rise in earnings above inflation, has…
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The greenback notched gains against the pound and the euro last week but faces more uncertainty this time around, given renewed fears of a government shutdown.
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Christine Lagarde was tight-lipped on any upcoming policy changes when she spoke at a Financial Times event on Friday. Commerzbank meanwhile projected that the euro would stage a modest fightback against the US dollar over the next year.
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It’s another big week for UK data, with unemployment and inflation numbers set to give a deeper insight into the state of the country’s finances. The jobless rate is forecast to come in at 4.4% for September from…
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The pound fell to a six-month low against the euro on Friday after a mixed bag of economic data for both the eurozone and the UK favoured the single currency.
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