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A good time to buy euros?

Yesterday was a difficult day for sterling, losing close to 0.6% against the euro. By close-of-play, it regained some of its strength, but remains 0.4% worse off this morning. Despite these losses, the pound-to-euro exchange rate remains 1.6% higher than it was this...


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USD: Positive homebuilder sentiment

The NAHB/Fargo Housing Market Index in the US rose by 5 points in June 2023, taking the current reading to 55, beating market forecasts of 51. The index brought the reading into positive territory for the first time in 11 months, due to solid demand and supply-chain...


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GBP: British gas prices ease

UK natural gas prices fell to around 80 pence per therm in the second half of June. This comes after the price neared its two-month high of 125.3 pence on June 15. The price is currently 27% higher per therm on the month. GBP/USD: the past year 1 Min 5 Min 1 Hr 1 Day...


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UK mortgage rates rise by 6%

Despite fluctuating around 0.3% yesterday, the pound-to-euro rate remains relatively unchanged from start of play Monday. Sterling lost 0.25% against the US dollar yesterday, following news that the US housing market index rose another 5 points in June 2023, to 55....


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