Sterling continued to flounder yesterday, dropping further against the US dollar and yen but remaining fairly stable against the euro. This morning, with political troubles in the US and a potential Federal government shutdown having global ramifications, there…
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Following an unexpectedly strong US jobs report, the euro fell to a fresh 2023 low on Tuesday against the US dollar. The single currency made a modest rebound by the end of the session but remains close to…
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The pound fell to fresh 2023 lows yesterday against the US dollar, economists expect this to continue unless there is a convincing improvement in economic and risk sentiment.
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The pound lost almost a third of a per cent against the US dollar yesterday as US job openings data beat market expectations.
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The greenback gained strongly yesterday by as much as 1% against the pound and Aussie, with the Dollar Index (DXY) reaching its highest level of 2023 at 107.00. However USD/CNY weakened markedly.
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The euro lost close to 1% against the US dollar yesterday, but this was dwarfed by losses to the Chinese yuan of 1.8%.
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A bit of a curate’s egg for sterling yesterday: good in parts, if we’re being polite. There were big falls against USD and CNY, but GBP/EUR at least stayed in the green, just.
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Sterling resumed its downward trajectory against the US dollar yesterday, hitting its lowest point since mid-March. It was a choppy day against the euro but with no clear direction. The clear winner of the day was the US…
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