The single currency leapt against the dollar and the pound yesterday as soon as the ECB made its interest rate announcement. But while it lost that gain straight away against the pound, it continued to rise against the…
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A mixed day for sterling yesterday as the markets assessed the relative hawkishness of central bankers and decided that they would get a better return from the euro in the wake of the ECB’s interest rate decision.
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A nervy day for sterling saw it lose close to half a cent against the euro soon after midday, before recovering most of the losses by the end of the afternoon. On the other hand, it was all…
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The US Federal Reserve left its interest rate unchanged in its June meeting yesterday. This was in line with market expectations and means interest rates in the US remain at 5.25%.
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We've just seen the final monthly and yearly inflation rates for France both fall in line with market expectations. Monthly consumer price inflation edged down by 0.1% in May.
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On Wednesday markets heard news of the UK’s economy returning to growth in April, with a rise of 0.2%, in line with market forecasts. This was largely fuelled by rising car sales and consumer spending in pubs and…
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Sterling enters the day over half a per cent stronger than the euro compared to this time last Thursday and ahead of the European Central Bank’s (ECB’s) big interest rate decision at 1:15pm today. The ECB is expected…
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It’s not been a week for the fainthearted if you’re committed to a major transaction abroad, with sterling rising and falling sharply against the euro and US dollar as it’s buffeted by economic news and rumours on interest…
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