Yesterday the Confederation of British Industry said they don’t expect any let-up in the touch trading environment in early 2023.
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Yesterday markets heard the business climate indicator for Germany rose for a third consecutive month in December to 88.6, above market expectations of 87.4.
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Sterling starts the week having lost all of its gains from the past month against the euro. Although it remains well ahead of the lows of autumn and above the five-year average, last week will have given anyone committed…
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The US dollar made a marginal recovery on Friday against the pound following interest rate decisions from the Bank of England.
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Following the European Central Bank’s decision to raise interest rates to 2.5% from 2% last week, alongside relatively hawkish comments from ECB president Christine Lagarde, the euro saw a significant boost against the pound on Thursday, which continued…
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The end of last week saw sterling fall significantly – almost 2% - against the euro and dollar. This was due to a relatively dovish approach from the Bank of England on interest rates compared to other central…
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The pound has yet to recover from last Thursday’s losses against the euro and US dollar following the interest rate decisions from the Bank of England (BoE) and European Central Bank (ECB). The ECB under Christine Lagarde is…
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The US dollar’s recovery has outpaced even the euro’s this week, with a gain of 2% against the pound, almost that much against the Japanese yen and 0.5% against the euro.
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