The dollar remains stronger as markets continue to react to indications that the Federal Reserve could tighten monetary policy more quickly than expected. This afternoon we will see the inflation rate for the US in March.
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The euro is still benefitting from strength it gained following the French presidential elections. Later this morning we will see German economic sentiment figures for April.
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The pound has strengthened slightly against the euro and the dollar following strong employment data. The UK’s unemployment rate fell to 3.8% in February, the lowest level since 1974.
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The pound has received support from strong UK jobs data this morning. Unemployment in the UK fell to its lowest level since 1974 in February and wages also rose. Nonetheless, wages are still not rising at the same…
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This week, US inflation figures for March will be released, expected to rise to 8.5% year-on-year.
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The euro has received a brief boost this morning following the first round of the French Presidential election. Emmanuel Macron has the lead against Marine Le Pen and the two will go head-to-head in the final round in…
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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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