After a hitting a 16-month high yesterday against a basket of currencies, the dollar is slightly weaker this morning.
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The final Eurozone inflation figures were released yesterday, showing that inflation rose to a 13-year high in October as expected.
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The pound is still strong this morning against the euro and the dollar after higher-than-expected inflation figures yesterday.
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After strengthening to a 21-month high against the euro yesterday, the pound is still trading around strong levels against both the euro and the dollar. This follows inflation figures yesterday, which showed that UK inflation jumped to its…
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The pound has hit a new 2021 high this morning after the UK’s latest inflation figures came in at the highest reading since December 2011. This increase is mainly due to the cost of housing and utilities.
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The euro is weaker against the pound and the dollar this morning, mainly due to sterling and greenback movements. We could see some movement from the single currency later today following the release of the eurozone’s inflation figures
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The pound has strengthened this morning against both the euro and the dollar, hitting a new 2021 high against the euro. This follows data released this morning showing that inflation rose to 4.2% in October, well above expectations.…
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The dollar is stronger against a basket of currencies this morning following positive retail sales. However, it is weaker against the pound.
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