The pound is stronger this morning following better-than-expected retail sales data. In January, the UK saw the biggest monthly increase in retail spending since the lockdown was lifted last spring. Nonetheless, tensions in Eastern Europe continue to be…
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The minutes from the Federal Reserve’s latest meeting were released yesterday, showing that due to high inflation and a recovering economy, officials think that interest rates are ready to be raised.
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The euro is weaker against the dollar and the pound due to tensions at the Ukrainian border. The single currency’s movements could continue to be driven by news from Eastern Europe and if tensions escalate it is likely…
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The GBP/EUR pairing continues to be impacted by the situation in Eastern Europe. After weakening against the euro on Tuesday, the pound strengthened yesterday and is still in a stronger position this morning.
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News coming from the Ukrainian border has been impacting the currency markets this week and could continue to do so. The pound is stronger against the euro this morning after a lack of confirmation that Russia is withdrawing…
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The pound is trading in a tight range against the dollar this morning ahead of the release of the Federal Reserve’s meeting minutes.
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The euro rebounded yesterday and is still strong against the dollar and the pound due to easing tensions between Russia and Ukraine.
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The pound is weaker against the euro this morning, despite UK inflation figures coming in higher than expected.
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