Despite slipping yesterday, the greenback ends the week up on most of its rivals compared to last Friday, including gains of over 1% against AUD, NOK and JPY. There has been little progress against the euro or sterling…
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A quiet sort of day for the single currency yesterday saw little movement. This comes after a positive week that’s seen growth of between 0.60% and 1.60% against most currencies, with the notable exception of USD.
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A mixed week for the pound has seen rises against some currencies and falls against others. The larger losses have been recorded against the euro and US dollar, but there was some relief yesterday.
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A mixed day for sterling yesterday as it managed to avoid further falls against the euro, while slipping further against the US dollar before recovering somewhat in the afternoon and evening. Yesterday saw largely negative economic data emerging…
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The US dollar made weekly and monthly gains against the pound yesterday but was weaker against the euro following the eurozone's hot inflation data.
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Inflation data plus a flurry other key economic releases yesterday saw the euro rally against sterling. This morning the euro boasts its weekly gains against both the pound and US dollar
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Sterling fell under pressure against the euro and the US dollar yesterday as investors digested a range of market-moving economic releases.
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Investors listened closely as BoE governor Andrew Bailey delivered a speech at the Cost of Living Crisis Conference in London yesterday. Bailey touched on a number of inflation-related issues including monitoring the Bank’s current tightening.
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