The Bank of England will hold its latest monetary policy meeting today. The UK’s interest rate is expected to be hiked for the fourth time since December to tackle high inflation in the UK and the markets are…
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The dollar is stronger against the pound, and little changed against the euro this morning ahead of the Federal Reserve’s interest decision.
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The euro managed to gain some ground against the pound and other currencies towards the end of yesterday, despite poor economic data from Germany.
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After recovering slightly against the euro and the dollar yesterday, the pound is weaker against both this morning.
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The Federal Reserve will announce its latest decision on interest rates today following a two-day monetary policy meeting. It is widely expected that officials will raise the interest rate by half a percentage point and the markets will…
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Sterling took another dive over the course of yesterday against all major currencies – a clear sign that the influences are all from the GBP side of the equation – followed by a small recovery this morning. To…
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The US dollar’s winning ways continued over the long weekend, although its performance was muted against sterling in a week when both economies will see interest rate decisions.
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The single currency had a mixed day yesterday following a mixed week but a generally positive month against all but the US dollar.
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