Germany’s annual inflation rate was confirmed at 8.7% in January, higher than a downwardly revised 8.1% in December. This was largely pushed by a rise in energy prices.
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Key releases for the first half of this week have been dominated by various sectors of Britain’s housing market. In addition to mortgage lending and BoE consumer credit data, mortgage approvals and Nationwide housing prices data will be…
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On Monday UK and EU leaders met to discuss Brexit protocol, which resulted in an ‘extraordinary’ deal on the Northern Ireland protocol.
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The US dollar begins this week on a stronger weekly footing against the pound, euro and a handful of rival currencies. The dollar index (DXY) rose to a seven-week high of above 105.
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The euro is weaker against the pound and US dollar compared to last Monday. A detailed record of the European Central Bank governing board's most recent meeting will be released on Thursday.
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Sterling maintains gains made last week against the euro but its weaker than the US dollar on a weekly comparison. Over the same timespan, the pound has also come up stronger against the canadian dollar while weaker than…
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The pound begins the week stronger against a handful of its rivals, compared to this time last Monday, as markets prepare for a mixed bag of economic releases.
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Sterling has managed to hold onto most of its gains against the euro into the last couple of days of February. The decline against the US dollar continued last week and GBP/USD is some 3% weaker than the…
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