The single currency had a mixed day, weakening against sterling but gaining by around 0.5% on the US dollar.
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Sterling has rebounded over the past 24 hours. However, for GBP/USD this had all the hallmarks of a 'dead cat bounce' following a sustained collapse which briefly took it below even the early-Covid dip of March 2020 to…
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Sterling strengthened against all major currencies yesterday and this morning, following the announcement that Liz Truss will be the new Prime Minister of the UK from later today. However, the past 24 hours’ rise in sterling of over…
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The dollar comes out on top this morning as it continues to find new strength against both currencies.
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The euro strengthened against the pound this morning but has weakened against the dollar after a choppy week.
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Sterling begins the week weaker against both currencies.
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Sterling continues to weaken against the euro this morning after record lows last week. Against the dollar, sterling has also declined.
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Last week the pound fell close to its lowest point for 17 months against the euro, and against the US dollar is perilously close to dipping under the low of March 2020 to its weakest since the mid-1980s.…
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