The pound is weaker against the euro and the dollar this morning following disappointing data. The UK has announced plans to send 6,000 more missiles to Ukraine and provide £25m to support its military.
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The pound is weaker against the euro and the dollar this morning following a series of data releases in the UK, EU and US. In the UK, data disappointed, with poor PMI, consumer confidence and retail sales figures.…
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The dollar has weakened slightly against the euro this morning. The US saw mixed data releases yesterday. Two Fed officials will speak today and markets will be listening closely for comments on interest rate hikes.
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Several Federal Reserve officials are due to speak today. Any ‘hawkish’ comments that support Chairman Jerome Powell’s speech last week could boost the dollar.
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The euro is struggling against the dollar this morning ahead of PMI figures for Germany and the eurozone, which are set to be released later today.
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After strengthening at the beginning of this week, the pound is slightly weaker against the euro and the dollar this morning but still trading around strong levels.
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The pound is weaker against the dollar this morning ahead of a series of key data releases across the board. PMI figures will be released for the UK, EU and US today, giving an indication of how each…
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The dollar strengthened against a basket of currencies this morning, still benefitting from ‘hawkish’ remarks earlier this week made by Federal Reserve Chair, Jerome Powell.
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