The euro had another broadly negative day, with clear blue water now appearing between EUR and USD as the euro has remained below parity for three days. That has continued with fresh negativity for the euro this morning.
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The new chancellor will be unveiling his package of growth measures shortly, and this could easily move GBP. There has already been plenty of action in the currency markets this morning, with the pound falling sharply against the…
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Sterling swung wildly over the course of yesterday against most currencies as the markets prepared for and then reacted to the Bank of England’s (BoE) interest rate decision, before finally ending the day roughly where it began. This…
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The dollar strengthened against sterling to a new 37-year high yesterday around the Federal Reserve's highly anticipated interest rate decision. This morning however, it has slipped back fractionally.
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Putin’s acceleration of the war in Ukraine yesterday morning saw the euro fall against both currencies, as markets looked to currencies such as the dollar as a ‘safe-haven’.
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Interest rates are the popular event this week as central banks continue to tackle rising inflation.
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The pound fell sharply against the dollar following the Fed’s interest rate increase last night.
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The dollar has strengthened against sterling and the euro this morning.
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