The pound at the time of writing is approaching its highest point since mid-August as the recovery from last week's fuel, energy and inflations worries continues.
Read more
›
Sterling regained all of last week’s losses yesterday against the euro, strengthening close its highest point for a month. There was some recovery against the US dollar too, but it remains nearly two cents weaker than last Tuesday.…
Read more
›
It’s a busy week for US data, with balance of trade figures tomorrow and the all-important non-farm payrolls on Friday.
Read more
›
Inflation data for the Eurozone, released on Friday afternoon, showed that inflation has reached a 13-year high.
Read more
›
Sterling strengthened against the euro and dollar at the end of last week and is still stronger this morning.
Read more
›
After strengthening slightly towards the end of last week, the pound is trading around the same levels against the euro and the dollar. PMI figures for September will be released tomorrow, giving an indication of how the economy…
Read more
›
The pound swung alarmingly last week, dropping to its lowest level this year against the US dollar and to a multi-week low against the euro. The cause, of course, was the ongoing fuel crisis, lack of staff in…
Read more
›
The dollar’s strength continues this morning after Federal Reserve Chair Jerome Powell revealed that he now believes that inflation may not be transitory like he originally thought.
Read more
›
