The euro has strengthened slightly against the pound but remains weaker against the dollar following poor economic data which has amplified fears of a technical recession. Today, all eyes will be on eurozone inflation.
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After strengthening against the euro yesterday, sterling is weaker this morning. Against the dollar, the pound is nearing a yearly low as markets continue to seek safe-haven currencies.
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After strengthening against the euro yesterday, the pound is weaker this morning and is nearing a yearly low against the dollar. Inflation continues to be the main cause of sterling’s woes. UK businesses have called for the government…
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The dollar has been strengthening against most major currencies due to its status as a safe haven currency.
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The single currency fell due to comments from European Central Bank President, Christine Lagarde, who spoke at the ECB’s forum yesterday.
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After falling at the beginning of the week, the pound is starting to recover against the euro this morning but is still weak against the dollar.
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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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