The pound is still weaker against the dollar this morning but has begun to recover against the euro. Worries about high inflation and a potential recession are helping the dollar and weighing on sterling. At the European Central…
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The dollar has strengthened across the board this morning as recession fears have boosted its safe haven appeal.
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The euro is weaker against the pound and the dollar this morning ahead of a preliminary estimate of German inflation for June, which is due to be released later today.
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After weakening since the beginning of the week, the pound is slightly stronger against the euro but still trading around lower levels against the dollar.
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Today, a panel discussion featuring European Central Bank President Christine Lagarde, Bank of England Governor Andrew Bailey and Federal Reserve Chairman Jerome Powell will take place at the ECB’s annual conference on central banking in Sintra, Portugal. The…
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Sterling has weakened against the US dollar and strengthened against the euro over the last couple of days, following the recent pattern. Comparing the performance of both GBP and EUR against the US dollar, both are down almost…
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The US dollar has slipped against most currencies over the past 24 hours – even the pound – but remains slightly up on the week against sterling and the Australian and New Zealand dollars.
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The euro has strengthened this morning and over the course of the week against the pound, US dollar and other major currencies. However, rates are on a hair trigger and likely to reverse direction at any moment.
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