The dollar is slightly stronger against the euro and a basket of currencies this morning. This is due to anticipation for the Federal Reserve’s interest rate decision, which will take place on Wednesday, as well as rising tensions…
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PMI figures will be released for the eurozone later today, which will give an indication of how the eurozone economy has performed in January so far.
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The pound hit key resistance levels last Thursday and weakened slightly on Friday. Following a strong performance last week, sterling is trading around the same levels as Friday this morning.
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After weakening slightly on Friday, the pound is trading around the same levels against the euro and the dollar this morning. It’s a light week for economic data in the UK, however, PMI figures are due later today,…
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The pound starts what could be a long and momentous week in British politics apparently unfazed by the fate of Boris Johnson. Although down around 0.5% from its highest point last week, GBP/EUR starts the week exactly where…
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The pound has weakened slightly this morning following disappointing retail sales data. As many as 66% of UK adults have said their cost of living has increased over the last month.
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The euro has gained some strength against the pound and is steady against the dollar this morning. Eurozone inflation came in at a record high, largely due to soaring energy prices.
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The pound is slightly weaker this morning following disappointing retail sales data. Despite the support of the festive period, retail sales fell in December as households felt the pressure of soaring costs. Markets are now expecting, with near…
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