by Christopher Nye | May 15, 2023
The US dollar enters the week stronger against the pound by just over half a percent. Against the euro, it is a similar story as with the greenback boasting gains of around 1.62%, compared to this time last Monday. This comes after a flurry of economic data last week...
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by Christopher Nye | May 15, 2023
Final readings for French and Spanish inflation revealed a rise for both eurozone economies. France’s yearly inflation rose to 5.9% as economists expected. Similarly, Spain’s yearly rate climbed to 4.1%, in line with forecasts, which was up from an...
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by Christopher Nye | May 15, 2023
The GfK Consumer Confidence indicator for the United Kingdom is expected to fall slightly to -32 on Friday. This comes after figures hit their highest level in over a year, -30, in April. The previous data release revealed that Britons were taking a more positive view...
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by Christopher Nye | May 15, 2023
Pound sterling maintains its euro gains into the new week, but is a little weaker against other G7 rival currencies, such as the Japanese yen and Canadian dollar. Against the US dollar, it’s a different story. The pound enters the week with less momentum and is...
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by Charles Purdy | May 15, 2023
Sterling has been having a good run against the euro in recent weeks and gained almost 2.5% in the past month. Last week you would have got more euros for your pounds that at any time in 2023, and indeed you’re only a tiny bit off that now. It had been in a similarly...
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