by Christopher Nye | Apr 3, 2023
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...
read more
by Charles Purdy | Apr 3, 2023
The pound against the euro has been bumping along at roughly this level since before Christmas – the technical term is ‘range bound’ – it won’t go on for ever and is as likely to move decisively down as up. Indeed, with more good news coming out of the EU side than...
read more
by Charles Purdy | Mar 31, 2023
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...
read more
by Charles Purdy | Mar 31, 2023
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...
read more
by Charles Purdy | Mar 31, 2023
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...
read more