by Julian Benson | Jul 3, 2023
After fluctuating quite a bit last week against the euro, the pound heads into July in a similar place to this time last Monday and 0.34% up on the month. Against the US dollar, the pound’s performance has been quite steady and it is currently trading close to 1.80%...
read more
by Julian Benson | Jul 3, 2023
US personal spending edged up just 0.1% in May to economists’ surprise. Markets expected a 0.2% increase in May. The main contributors to the decrease were spending on motor vehicles, parts and gasoline products.
read more
by Julian Benson | Jul 3, 2023
In June 2023 the consumer price inflation rate in the Euro Area decreased to 5.5%, down from 6.1% in May. This was slightly below market expectations of 5.6%.
read more
by Julian Benson | Jul 3, 2023
Nationwide building society reported UK house prices grew slightly in June but annual prices fell at the fastest rate since 2009 as mortgage costs continue to take a toll on the market.
read more
by Charles Purdy | Jul 3, 2023
It’s been a wobbly time for sterling over the past few weeks against the euro. Looking at the GBP/EUR graph you can see sterling’s strength building over the spring but for the past three weeks it’s been bobbling up and down and essentially going nowhere. While no-one...
read more
