The markets will be looking to unemployment figures tomorrow and inflation data on Wednesday. Inflation is expected to have reached 6.7% in March; however, any surprises could impact the pound.
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The pound is weaker against the euro and the dollar this morning. GDP figures were released for the UK, showing that economic growth was slower-than-expected in February, mainly driven by a drop of activity in the manufacturing sector.…
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Sterling starts the week trading slightly lower against the euro than on Friday but still remains up on this time last week. This bout of euro strength has largely been driven by the French presidential elections, which saw…
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The dollar is stronger this morning as markets continue to react to hawkish comments from the Federal Reserve and better-than-expected jobs data. The number of people filing for unemployment benefits fell to the lowest level since 1968 last…
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The euro has fallen further against the pound and the dollar this morning. The single currency saw a brief boost after minutes from the European Central Bank's latest meeting suggested interest rates could be hiked sooner than expected.
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The pound has strengthened further against the euro but has fallen to monthly lows against the dollar. Prime Minister Boris Johnson has defended his energy security plan after criticism that it does not do enough to help soaring…
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The pound is stronger against the euro this morning following news that Russia has withdrawn troops from northern Ukraine to focus on the east, known as Donbas. A spokesperson for the Kremlin revealed that Russia has suffered “significant…
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The dollar is slightly weaker against a basket of currencies this morning, but still trading around a two-year high following FOMC meeting minutes published yesterday.
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