The euro has weakened slightly against the dollar this morning. Ifo Business Climate figures for Germany were lower than expected, indicating that Germany still has a ways to go to get over its business issues after the pandemic.
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The pound is relatively unchanged this morning, strengthening slightly against the euro and weakening slightly against the dollar. There are no data releases for the UK today meaning that the outlook for sterling largely depends on global influences…
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The pound is little changed this morning, strengthening slightly against the euro and weakening slightly against the dollar. As there are relatively few data releases for the UK this week, the outlook for sterling is likely to be…
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The dollar has strengthened against the euro this morning after previously being weighed down by an increasingly positive market mood, particularly after the FDA fully approved the Pfizer vaccine. There is also uncertainty over whether or not the…
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So now we know what people did with all the money they saved by not flying abroad this summer. Data released yesterday from UK business showed a surge in retail spending for August. The CBI Distributive Trades Survey…
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The dollar slipped against most major currencies yesterday as global risk sentiment shifted once again and stock markets recovered.
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The euro had a positive day against the USD yesterday but remains around 1% weaker than in early August. Against sterling the euro is back to the levels we’ve seen since the middle of spring.
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The pound has gained nearly 1% against the US dollar and a little less against the euro since Sunday night, coming close to its position this time last week but still 1% down on the 18-month highs of…
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