Sterling looks likely to breach €1.18 today – if it hasn’t already by the time you read this – and is also looking stronger against the US dollar too. That will be the highest rate it has been…
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The dollar lost some of its strength yesterday following the announcement of a temporary solution to the debt crisis. Markets now await Non-Farm Payrolls.
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The euro is still weaker against both the pound and the dollar this morning after the European Central Bank’s September Monetary Policy Meeting Accounts failed to support the single currency.
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The pound strengthened against the euro and the dollar over the course of yesterday as global risk sentiment improved. Sterling is also being supported by the increased prospect of an interest rate hike in the UK.
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The pound strengthened against the euro and the dollar over the course of yesterday as global risk sentiment improved. Sterling’s support is being aided by the recovery of the gas market and by comments from Russian President Vladimir…
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The dollar is still strong this morning, benefitting from its safe-haven status due to surging energy prices.
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The euro is suffering against the pound and the dollar due to surging gas prices in Europe.
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The pound is still strong against the euro this morning and slightly weaker against the dollar as the markets focus on surging energy prices around the globe.
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