While the UK enjoyed a long Bank Holiday, the currency markets were open elsewhere in the world. Following its strong showing in the days leading up to Easter, sterling has traded negatively against the US dollar and sideways…
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The dollar is slightly weaker against a basket of currencies this morning ahead of a series of economic data releases today.
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The euro has strengthened against the dollar this morning ahead of the European Central Bank’s interest rate decision today.
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The pound has strengthened against the euro and the dollar this morning, building on gains made yesterday following high inflation figures.
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The pound has strengthened against the euro and the dollar this morning, building on gains made yesterday following high inflation figures. The main focus for the markets today will be the European Central Bank’s interest rate decision. Although…
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Inflation figures for the US were released yesterday, with the annual inflation rate accelerating to 8.5% in March, the highest since December of 1981 from 7.9% in February and compared with market forecasts of 8.4%.
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The euro is weak against the pound and the dollar this morning, due to waning hopes that a resolution will be found to the Ukraine conflict anytime soon.
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The pound is slightly stronger against the euro this morning following the release of UK inflation figures.
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