Sterling strengthened against most major currencies yesterday, except for the Norwegian krone and Australian dollar.
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Yesterday the pound strengthened by around 0.25% against the euro and a little more against the US dollar, and that has continued so far this morning. The euro has weakened marginally, largely based on the threat to European…
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The pound has started the week on an upswing against most currencies including the euro and US dollar. If you haven’t already downloaded our brand new quarterly forecast, why not do that now? It only takes a second…
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The dollar weakened on Friday following worse-than-expected business activity surveys which, accompanied with the US’s high inflation and recession fears, weighed on market sentiment. This morning the dollar has seen a slight rebound.
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The euro continued to weaken against the pound on Friday but strengthened against the dollar. This morning the single currency is slightly stronger against the pound but has weakened against the dollar.
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The pound strengthened against the euro and the dollar on Friday after PMI data showed that the UK economy is still expanding despite rising living costs, albeit at the slowest rate since early 2021. This morning, sterling has…
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The pound has started the week slightly weaker than where it was on Friday afternoon as political uncertainty and recession fears weigh on markets. UK business activity grew at the slowest rate since early 2021 and experts warn…
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The euro received a boost yesterday following the ECB's decision to raise interest rates by 50 basis points. However, this strength did not last long after disappointment over a lack of details in the ECB's plan to support…
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