The dollar is stronger against a basket of currencies, benefitting from its status as a safe-haven currency.
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The euro is still weaker against the dollar this morning as worries about the state of the European economy continue.
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The pound is still weak against the euro and the dollar due to worries about the UK economy and global growth concerns.
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The pound is still struggling against the euro and the dollar this morning due to concerns over both the UK and the global economy. Typically, the pound tends to move with the global markets and as they are…
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Sterling crashed to a new low against the US dollar yesterday and is now down to levels last seen in midsummer 2020, the immediate aftermath of the pandemic’s first wave. The situation against the euro is better, for…
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The dollar strengthened further against both GBP and EUR yesterday, reaching 0.787 and 0.933 yesterday afternoon respectively.
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It was a case of the best of times and the worst of times for the single currency. The euro strengthened against NOK and SEK but weakened against every other major currency yesterday, including very marginally against USD.
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Sterling traded essentially sideways against the euro yesterday while slipping yet further against the US dollar.
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