After the brief flurry of support after the interest rate rise last week the pound has settled back to the same position as this time last week against the euro and US dollar. Both GBP/EUR and GBP/USD are…
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The dollar is stronger against a basket of currencies this morning, helped by the Federal Reserve’s rhetoric at its meeting last week, as well as rising Omicron cases across Europe.
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The euro is trying to make a recovery against the dollar this morning amid rising Omicron cases across Europe.
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Sterling strengthened following the Bank of England’s latest monetary policy meeting last week, when interest rates were raised to 0.25%.
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The pound strengthened towards the end of last week due to the Bank of England’s monetary policy meeting, when it was unexpectedly announced that the interest rates would be raised to 0.25%. Despite this, sterling faces uncertainty this…
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Sterling starts the week in a steady position, trading around similar levels as last week against the euro. The Bank of England’s decision to raise interest rates, despite the uncertainty around the new Omicron variant, caught markets off…
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The euro was trading around its lowest level since late November against the pound yesterday but has since strengthened against both sterling and the dollar following a European Central Bank meeting. The ECB's announcement showed the first real…
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The pound received a boost against both the euro and the dollar following the Bank of England’s decision to raise interest rates yesterday, but this has eased off a little this morning. Interest rates have risen to 0.25%.
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