by Christopher Nye | Jun 1, 2023
Despite a lack of economic data from the UK this week, sterling is still strong against a handful of its rivals — including the euro, US dollar and Japanese yen. Many will be watching closely to see if this morning’s consumer credit data will impact the...
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by Christopher Nye | Jun 1, 2023
The pound hit a fresh 2023 high against the euro yesterday and maintains those gains this morning. The GBP/EUR boost comes as economists digest the latest economic data surrounding fixed interest rates plus Germany’s consumer price inflation. Against the US dollar,...
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by Charles Purdy | May 31, 2023
Sterling has climbed again, to a fresh 2023 high against the euro. Against the US dollar it rose sharply yesterday but has drifted since. There are so many different forces working on sterling right now that it can be hard to keep up. They include matters as seemingly...
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by Julian Benson | May 31, 2023
The average price of a single-family house with a mortgage in the US rose by 0.6% in March according to the Federal Housing Finance Agency. This reflects a slight downturn from the 0.7% increase seen in February 2022. For more on currencies and currency risk...
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by Julian Benson | May 31, 2023
Industrial producer prices in Italy fell by 1.5% year-on-year in April 2023. This was entirely unexpected and represents the first decline since January 2021. It’s believed to be fuelled by an 18.1% decrease in energy prices as the costs of oil and natural gas are...
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