There was a flurry of data yesterday, as US policymakers headed (virtually) to Jackson Hole in Wyoming for the annual symposium.
Read more
›
The single currency has had a mixed week, strengthening by at least 0.5% against GBP, CHF, USD and JPY but slipping by more than that against the Nordic currencies and AUD, NZD and CAD.
Read more
›
Sterling slipped marginally against almost all major currencies except the US dollar yesterday, albeit at a considerably slower pace than on Wednesday and not far enough to wipe out entirely the 0.5% increase on EUR on Monday and…
Read more
›
After a positive midweek, sterling looks to be ending the week on a relatively poor note, dropping half a cent against both the euro and US dollar since early Thursday. Compared to this time last week that leaves…
Read more
›
The lack of data for the UK this week has meant the pound has struggled to gain much ground against the euro and is trading around the same levels as yesterday. Sterling has, however, hit a weekly high…
Read more
›
The dollar has weakened slightly against the euro this morning as markets wait for the Federal Reserve’s Jackson Hole Symposium tomorrow. The greenback does, however, appear to be benefitting from the positive progress made by Congress around a…
Read more
›
The euro is currently quite volatile against the dollar. Both German consumer and business confidence figures fell short of estimates, raising some concerns over the country’s economic recovery.
Read more
›
The pound is trading around the same levels against the euro but has gained back a little strength against the dollar. UK supermarkets have warned that there may be food shortages over the Christmas period as the supply…
Read more
›