It’s been another powerful week for the US dollar, strengthening by at least 1% and as much as 3% against most of its major rivals. The one exception has been the euro, which it has weakened against.
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The single currency has held onto most of the strong gains it made last week of between 0.50% and 3.50% against its major rivals, while being pegged back a little yesterday against all but the US dollar and…
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The pound has remained broadly steady against the euro since Friday, while strengthening fractionally against the US dollar. However, early trading today has been negative.
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Sterling swung by around 0.5% against the euro yesterday before returning to where it started the week. It showed some growth against the US dollar and is currently close to 1% against its lowest point on Monday morning.…
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The dollar has held onto its strength and is trading higher against most major currencies. The latest US inflation figure will be released on Wednesday and is expected to fall slightly. Any surprises could impact the dollar.
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The euro remains stronger against the pound but has weakened slightly against the dollar. Several European Central Bank officials will speak throughout this week and inflation figures for Germany will be released on Wednesday.
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After falling significantly at the end of last week, the pound is in a similarly weaker position against the euro and is trading around a new two-year low against the dollar. It's a light start to the week…
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The pound is still suffering against the euro and is trading around a two-year low against the dollar following the Bank of England’s cautious interest rate decision last week. This morning, Russian President Vladimir Putin has addressed the…
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