The pound is weaker this morning as concerns about a new Covid-19 variant, first identified in South Africa, mount. This variant appears to have more mutations than previous versions, raising questions over the effectiveness of the current vaccines.…
Read more
›
The euro has strengthened against the pound and the dollar this morning, mainly due to sterling and greenback weakness. Today, we will hear from European Central Bank President Christine Lagarde.
Read more
›
The dollar strengthened yesterday, hitting 16-month highs after the Federal Reserve released the minutes from its latest monetary policy meeting.
Read more
›
The euro is weaker against the pound and the dollar this morning following worries about the spread of COVID-19 and disappointing economic data.
Read more
›
The pound is still trading around strong levels against the euro this morning. Some of its strength could be attributed to the coronavirus situation in Europe compared to the UK.
Read more
›
Despite weakening from highs seen at the beginning of this week, the pound is trading around strong levels against the euro this morning. However, it’s still lingering near 2021 lows against the dollar. Later today, two Bank of…
Read more
›
The pound remains above €1.19 this morning, despite a wobble yesterday that could be a warning of a bigger drop to come. Yesterday’s Purchasing Managers’ Indexes (PMI, read more about that here) showed that British businesses are slightly…
Read more
›
The dollar is steady this morning against both the pound and the dollar. This follows President Biden’s reappointment of Federal Reserve Chair Jerome Powell, which has solidified expectations of an interest rate hike next year.
Read more
›
