The US dollar came out swinging against GBP and EUR overnight but after brief support it has slipped back slightly below where it started the day. Overall it has been a stable period for the dollar, however, returning…
Read more
›
Despite a positive day yesterday the single currency remains slightly weaker against all major currencies apart from AUD compared to last week.
Read more
›
Sterling’s recovery on Friday to its highest level since mid August has been maintained, with a brief break-out yesterday afternoon against the euro which was rapidly reined in. Following a brief dip against the US dollar early yesterday,…
Read more
›
Sterling strengthened at the start of the week and reaches Tuesday roughly 0.5% ahead of this time last week against most major currencies. The most obvious reason remains the comments from the Bank of England governor last week…
Read more
›
The dollar is strong against a basket of currencies this morning ahead of US inflation data, which is due to be released tomorrow.
Read more
›
The euro has hit a two-week low against the dollar this morning due to uncertainty about the upcoming German elections, as well as a strong dollar.
Read more
›
The pound is still strong against the euro and the dollar this morning due to signs of strong economic growth and hopes that interest rates can be raised in the near future.
Read more
›
Inflation rate figures for the US, EU and UK are due to be released this week. The markets will be watching these data releases closely and currencies could be impacted, as the figures may have a bearing on…
Read more
›
