UK Manufacturing PMI results boost sterling

by | Apr 3, 2024

The pound made marginal gains against the US dollar yesterday as the US dollar failed to build on Monday’s position. Sterling was also supported by upbeat UK manufacturing PMI results, which returned to expansion in March following almost two years of contraction. The...


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Dollar rises after strong economic data

by | Apr 2, 2024

For anyone who hasn’t glanced at exchange rates since before the Easter weekend, sterling is relatively unchanged against the euro but starts the working week more than half a cent down on the US dollar. That is not to say that there hasn’t been some movement in...


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GBP: Pound ends long weekend weaker

by | Apr 2, 2024

Sterling weakened over the course of Monday, especially against the US dollar, losing over 0.6%. Today we are getting data on the UK housing market from the Nationwide, and also on mortgage approvals. There isn’t a huge amount other than this for the markets to...


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EUR: Euro ahead against sterling

by | Apr 2, 2024

It was negative almost across the board yesterday for the single currency, one of the few bright spots being for EUR/GBP. We will shortly get a reading for inflation in Germany, and tomorrow for across the eurozone. EUR/USD past year 1 Min 5 Min 1 Hr 1 Day 1 Wk 1...


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