PMI figures for the eurozone came in above expectations across the board, showing that the services and manufacturing industries performed better than predicted.
Read more
›
Bank of England official Silvana Tenreyro will speak today, and the markets will be listening for any comments about interest rates or inflation.
Read more
›
Sterling weakened slightly against the euro yesterday, slipping from the highs seen at the beginning of this week. However, it has gained some ground this morning following better-than-expected PMI data yesterday, which showed that British businesses have experienced…
Read more
›
The US dollar was at its strongest against the pound since December 2020 and against the euro since July 2020 yesterday, on the promise of a more hawkish approach to interest rates from the Federal Reserve than might…
Read more
›
Yesterday was a relatively quiet day for EUR/GBP, but the single currency swung by around 0.5% against the US dollar, ultimately winding up a little weaker than the start of the day and at a 20-month low.
Read more
›
In common with the euro, sterling lost around 0.5% against the US dollar yesterday following the reappointment of Jerome Powell.
Read more
›
The pound stabilised against the euro yesterday, although it has already began to slip this morning as positive European PMI data has reached the markets, dropping below €1.19. The US dollar has strengthened against both GBP and EUR…
Read more
›
The dollar is stronger against a basket of currencies this morning ahead of the Federal Reserve’s latest meeting minutes, which are due to be released on Wednesday.
Read more
›
