The euro continues to weaken compared to sterling. Against the dollar, the euro is choppy but continues to weaken overall.
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Today sterling continues to strengthen against the euro but has weakened against the dollar following the Bank of England's latest inflation rate. This morning's figures beat market predictions of 9.4% as July's inflation rate hit 10.1% - more…
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Today sterling continues to strengthen against the euro but has weakened against the dollar following the Bank of England's latest inflation rate. Today's figures beat market predictions of 9.4%, with July's inflation rate hitting 10.1% - more than 5…
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The second of the week’s big data releases has hit the wires this morning, and the UK’s inflation figures were worse than the markets expected, at 10.1%. That has boosted the pound to its highest rate for two…
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The dollar was the big winner yesterday, perhaps benefitting more from poor economic data from China than any great strength in its own economy. It gained nearly 1.5% against the Australian dollar, around 1% on the euro and…
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Despite falling sharply against the US dollar and marginally against sterling yesterday, the single currency can take some comfort from a better performance this morning.
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The pound dropped again against the US dollar, by over 0.50% over the course of the day, while strengthening by a similar amount against the euro. It has all been going slightly south this morning, however.
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Over the course of Monday the pound lost value against the US dollar while gaining around a third of a cent against the euro. That has been pared back a little this morning, but new jobs data has…
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