After a steady day yesterday the dollar has weakened this morning against the pound. It has already fallen this morning against the euro, but is still well above where it started the week.
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Horrific images from the far side of Europe caused the single currency to lose starkly across the board yesterday, at between 0.5 and 1.5% against major currencies.
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Sterling recovered strongly against the single currency yesterday, while falling against the Australian and Canadian dollars and remaining stable against USD.
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Sterling climbed sharply against the euro yesterday, while oscillating between fairly tight margins against the US dollar. It was a quiet start of the week for data in the UK, but a report from PwC found that the…
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This week, several Federal Reserve officials will speak before the FOMC meeting minutes, which will be released on Wednesday.
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The euro is weaker against the pound and the dollar this morning due to news of more possible Russian sanctions.
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Data released this morning revealed that UK consumer confidence has shown the biggest decline since the 2008 financial crisis.
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The pound is stronger against the euro this morning. This is largely due to the possibility that the EU will increase its sanctions on Russia this week, which is weighing on the single currency. Both the French President…
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