Pound enters GDP week on mixed footing

Sterling enters the week down on the euro compared to last Monday but with fresh gains of around 0.68% against the US dollar within the same time span. The S&P is scheduled to release one of the UK’s leading indicators of UK’s economic health, with the...


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USD: Dollar close to 10-month low against sterling

The dollar has declined almost across the board in the past week and month – including a near 3% decline against the pound bringing it within a whisker of a 10-month low. Against the euro it is at a near two-month low. However, it has perked up a little in the past...


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EUR: Positivity for euro

The euro has enjoyed an excellent week with decisive rises against most currencies over the week and month, but a patchier result against sterling. Inflation reductions in its major economies announced over the past few days will weaken the case for tighter monetary...


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GBP: Pound gains strength

Sterling has strengthened against most major rivals following news that the UK beat recession by a safer margin that previously thought in the second half of 2022. This morning it came close to a 10-month high against the US dollar. There was conflicting price news...


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