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.…
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It’s a busy week for US data, with balance of trade figures tomorrow and the all-important non-farm payrolls on Friday.
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Inflation data for the Eurozone, released on Friday afternoon, showed that inflation has reached a 13-year high.
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Sterling strengthened against the euro and dollar at the end of last week and is still stronger this morning.
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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…
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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…
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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.
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The euro has weakened a little against the pound and remains weak against the dollar, trading around 2021 lows. This follows a speech by the US Federal Reserve which boosted the dollar as well as unimpressive German data.
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