The euro has lost some of its gains against the dollar made earlier this week but is still stronger compared to this time last week.
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After strengthening earlier in the week due to positive jobs data, the pound is weaker against the euro and the dollar following UK inflation data released yesterday.
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The pound was given a boost earlier in the week due to better-than-expected jobs data. However, figures released yesterday showing that inflation is rising at its fastest pace in 40 years have subsequently weighed on sterling. The US…
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The dollar is weaker against the pound and the euro this morning, but still strong compared to this time last month.
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Inflation data for the eurozone is expected this morning, predicted to rise to 7.5% year-on-year.
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After strengthening yesterday following better-than-expected UK jobs data, the pound is slightly weaker against the euro and dollar this morning.
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The pound has weakened slightly against the euro and the dollar following UK inflation figures. This morning, data was released showing that UK inflation rose to a 40-year high of 9% year-on-year in April. The figure was slightly…
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After gaining almost 1% against the euro and 2% against the dollar in a single day yesterday, sterling has been knocked by this morning’s inflation figures. UK inflation hit a 40-year high of 9%, just below what markets…
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