GBP: Pound fights back from losses

A mixed week for the pound has seen rises against some currencies and falls against others. The larger losses have been recorded against the euro and US dollar, but there was some relief yesterday. In a quiet week for UK data, sterling’s fortunes have largely been...


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Sterling steadies after turbulent week

A mixed day for sterling yesterday as it managed to avoid further falls against the euro, while slipping further against the US dollar before recovering somewhat in the afternoon and evening. Yesterday saw largely negative economic data emerging from the eurozone,...


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USD: All eyes on US dollar following PMI

The US dollar made weekly and monthly gains against the pound yesterday but was weaker against the euro following the eurozone’s hot inflation data. This morning the dollar is up, maintaining yesterday’s gains (as well as monthly gains) against the pound...


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