The pound is supported against the euro and is trading around a one-month high against the dollar this morning following the announcement of a major economic plan to tackle the UK’s soaring cost of living. Chancellor Rishi Sunak…
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The dollar is slightly weaker against a basket of currencies following the release of the Federal Reserve’s meeting minutes yesterday.
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The euro is still trading around strong levels against the dollar this morning after the European Central Bank confirmed that an interest rate hike will take place in July.
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The pound has strengthened against the euro and the dollar this morning, recovering from losses seen at the beginning of the week.
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The pound has begun to recover against the euro and the dollar this morning. This comes after poor economic data released on Tuesday fuelled worries about the state of the UK economy, causing sterling to weaken. Yesterday, Bank…
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The dollar is stronger against a basket of currencies this morning ahead of the release of meeting minutes from the FOMC.
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The euro strengthened yesterday following confirmation from European Central Bank President, Christine Lagarde, that interest rates will be hiked in July.
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After weakening against the euro and the dollar yesterday, the pound is starting to recover. The fall was prompted by poor PMI data.
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