GBP: Inflated expectations

The pound trended slightly upwards against the euro while remaining little changed against the US dollar last week. UK inflation figures due on Wednesday could burst the balloon of anyone hoping the Bank of England will lower interest rates. Most outlets in the know...


read more

Multiple threats to sterling’s strength this week

It feels like Groundhog Day again for the pound against the euro, as it continues to cling to its position close to an 18-month high, without quite beating it. To lock in this rate for the year ahead, call your account manager on 020 8108 5163. Last week was light on...


read more

USD: Dollar stalls as Biden-Trump in spotlight

Continuing the theme of the week, there was little movement for the world’s biggest currency yesterday, with minor losses almost all round. Next week we’ll hear inflation data, and no doubt the continued arguments over the main presidential candidates’ fitness...


read more

EUR: Euro maintains holding pattern

There has been little movement for the single currency since the start of February, at least against USD and EUR. The big event of the next week is the ZEW Economic Sentiment Index for the eurozone as a whole and Germany. The most recent reading was the most positive...


read more

GBP: Pound looks to inflation data midweek

A relatively quiet day for sterling yesterday, with the only serious movement a drop of 0.5% to the New Zealand dollar. However, this is the calm ahead of a big round of data releases next week, starting with unemployment on Tuesday and continuing with inflation on...


read more