The dollar has been stable in recent days, barely moving against GBP but strengthening gently against EUR.
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The euro has weakened across the board at the start of the week, by between 0.1 and 0.5%, as the excitement of last week’s comments by ECB President Christine Lagarde fades. It remains however, well above where it…
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The pound’s falls appear to have stabilised and a modest recovery is underway, rising by around 0.1-0.2% yesterday against the euro, Swiss franc and Australian and Canadian dollar.
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Sterling has clawed back some of last week’s spectacular losses against the euro, but remains around 1.2% down on this time last Tuesday. Against USD the pound remains broadly stable and 0.5% stronger than last week. In the…
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All eyes will be on US inflation data this week, which is due to be released on Thursday. The figures are expected to have risen in January to 7.3% year-on-year and core inflation to 5.9%.
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President of the European Central Bank, Christine Lagarde, will speak today before the European Parliament Economic and Monetary Affairs Committee.
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Later today, the Bank of England’s chief economist will speak, and this will be followed by a speech from Andrew Bailey on Thursday. The markets will be listening out for any comments surrounding monetary policy following last week’s…
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Following the European Central Bank and Bank of England monetary policy meetings last week, the pound is still weaker against the euro this morning. Last week saw sterling hit a multi-year high against the euro before falling to…
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