The single currency has weakened against almost all major currencies this morning, including by as much as a third of a cent against the US dollar, taking it marginally below parity once again.
Read more
›
Sterling’s sharp reversal against almost all major currencies last week was caused by a worsening picture for its economy overall, but also by the market’s view of the BoE potentially rowing back on a 75 basis interest rate…
Read more
›
Last week sterling fell to its lowest point since early 2021 against the euro and its lowest for 37 years against the US dollar. It followed not just a string of disappointing economic readings, but also ones that…
Read more
›
The dollar’s fortunes were patchy yesterday, strengthening markedly against the pound and various other dollars, but making no gains on the euro.
Read more
›
The euro has strengthened by as much as 1% against sterling over the past 24 hours, while remaining broadly static against the US dollar.
Read more
›
Sterling has dropped to a fresh multi-decade low against the US dollar this morning, as woeful retail sales data shocked the markets. Against the euro, sterling has dropped too, and is currently at a new 18-month low.
Read more
›
Sterling weakened decisively during the course of yesterday against the US dollar and euro, by between 0.5 and 1%. Speak to your trader asap to control the risk of further falls affecting your plans, or to lock in…
Read more
›
Following Tuesday’s leap, the US dollar has been sliding slowly downwards since, while holding onto most of Tuesday’s gains.
Read more
›
