Sterling starts the week 2% down against the euro compared to this time last week and close to that far down against the US dollar. Indeed, against the dollar it is 5% weaker than its highest point this…
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The dollar has regained some strength against the pound and the euro following red-hot inflation figures. US inflation rose to an annual rate of 7.9% in February, reaching another 40-year high. All eyes will now be on the…
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After rising against the pound and dollar in the early trading hours yesterday, the euro has since fallen as markets assess the European Central Bank’s latest monetary policy meeting.
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After falling against the euro earlier this week, the pound has steadied following an update from the European Central Bank. GDP data released this morning revealed that the UK economy rebounded strongly in January.
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The pound has steadied its fall against the euro, strengthening slightly after “hawkish” comments from the European Central Bank. Against the dollar, sterling remains weaker. The ECB surprised markets yesterday, saying that it may end its quantitative easing…
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Focus will be on the US’ inflation data, released later today. The figures are expected to rise to 7.8% year-on-year and 0.8% month-on-month.
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The euro continued to strengthen against the pound and the dollar yesterday due to an improved market mood. This comes ahead of the European Central Bank’s latest monetary policy meeting, which is due to take place today.
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The pound continues to be in a weaker position against the euro this morning but remains fairly close to the strong levels achieved last week and at the beginning of this week.
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