Unemployment figures will be released for the UK tomorrow, followed by inflation data on Wednesday.
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After strengthening towards the end of last week, the pound is still strong against the euro this morning ahead of a busy week for economic data releases. The most notable release of the week is UK inflation data,…
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Sterling starts the week roughly 1% up on the euro compared to both last Monday and this time last year, but nearly 3% down on this time last month. So, a bit disappointing if you missed out on…
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The euro plummeted against the pound, dollar and most major currencies yesterday after Russia announced it was sanctioning 31 energy companies, including key suppliers of European gas. It has recovered a little strength this morning.
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The pound received a boost against the euro yesterday, strengthening around 1% following news that Russia will be sanctioning European energy companies, including a key Polish pipeline. Against the dollar, sterling remains weaker.
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The pound saw a significant boost against the euro over the course of yesterday after Russia announced it was sanctioning several European energy companies. Among the 31 companies sanctioned was a key Polish pipeline that supplies much of…
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The dollar has strengthened by over 1% against the euro after the single currency was hit hard by Russia’s latest sanctions. Later today, Michigan Consumer Sentiment figures for May will be released and are expected to fall.
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The euro has strengthened against the pound but is trading around its lowest level against the dollar since early 2017. Speaking yesterday, ECB President Christine Lagarde sent clear signals that she supported an interest rate hike in July.
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