Sterling has been drifting south against the euro and most other major currencies since yesterday evening, although it has remained steady against the US dollar. Such a gentle start might not be the pattern for the week, however,…
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Data surrounding homes sales will be released this week and the markets will also be looking to Federal Reserve Chair, Jerome Powell’s, testimony on Wednesday and Thursday.
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It’s generally a quiet week for eurozone data. However, PMI figures for both Germany and the eurozone will be released on Thursday.
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After dipping last week following the Bank of England’s monetary policy meeting, the pound recovered on Friday and is trading around those levels this morning.
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Following the Bank of England’s monetary policy meeting last week, the pound weakened before making a recovery on Friday. It is still attempting to recover this morning ahead of a week full of key data releases. The main…
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The euro has weakened against the pound following the Bank of England’s interest rate decision but is up around 1% against the dollar this morning due to disappointing US data. Later this morning we will see the latest…
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The pound strengthened against the euro and jumped by over 1% against the dollar following the Bank of England’s latest interest rate decision yesterday but has weakened slightly this morning. Markets will now be looking ahead to Wednesday’s…
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The pound, which initially fell following the Bank of England’s latest interest rate decision, made significant gains yesterday, jumping by over 1% against the dollar. This morning, sterling has lost a little of this strength. In its latest…
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