by Christopher Nye | May 15, 2023
The GfK Consumer Confidence indicator for the United Kingdom is expected to fall slightly to -32 on Friday. This comes after figures hit their highest level in over a year, -30, in April. The previous data release revealed that Britons were taking a more positive view...
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by Christopher Nye | May 15, 2023
Pound sterling maintains its euro gains into the new week, but is a little weaker against other G7 rival currencies, such as the Japanese yen and Canadian dollar. Against the US dollar, it’s a different story. The pound enters the week with less momentum and is...
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by Charles Purdy | May 15, 2023
Sterling has been having a good run against the euro in recent weeks and gained almost 2.5% in the past month. Last week you would have got more euros for your pounds that at any time in 2023, and indeed you’re only a tiny bit off that now. It had been in a similarly...
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by Charles Purdy | May 12, 2023
The dollar had a strong day, gaining around 1% against the pound, overall, and Australia’s dollar and Canada’s ‘loonie’. There was a smaller gain against the euro. The prompt for the dollar’s strength has been weaker economic data from the US, plus steadying...
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by Charles Purdy | May 12, 2023
A mixed day for the single currency saw it weakening sharply against USD, again, continuing to lose the strong gains of the past month. While the drop was less pronounced than the calamitous 2% drop of Monday, there is no sign of it recovering those losses just yet....
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