The dollar is weaker against a basket of currencies this morning. This is due to a calmer global risk environment and expectations that the Federal Reserve will pause its interest rate hikes later this year.
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The euro is stronger against the dollar this morning due to recent comments from several European Central Bank officials.
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After strengthening towards the end of last week, the pound is trading around the same levels against the euro and the dollar this morning.
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The pound strengthened against the euro and the dollar following the release of government’s cost-of-living plan last week and is trading around the same levels this morning. It’s a fairly quiet week for UK economic data releases, however,…
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It’s hard to spot any clear direction of travel for sterling right now against the euro. One hundred days into the Ukraine war, the single currency has stabilised. However, economic data from the eurozone has been generally better…
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The dollar remains on the back foot against the pound and the euro after a busy day of US data releases yesterday. GDP figures revealed that the American economy contracted by 1.5% in the first three months of…
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The euro has strengthened this morning as market sentiment pushes the dollar lower. European Central Bank Chief Economist, Philip Lane, is due to speak at lunchtime and markets will be listening for further information on a July interest…
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The pound is supported against the euro and is stronger against the dollar this morning following the announcement of a £15bn economic plan to tackle the UK’s soaring cost of living. It’s a quiet day for UK data…
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