Sterling has regained around half of last week’s losses against both the US dollar and euro, despite mixed economic data yesterday and concerns about supply chains and labour shortages. The main prompt for sterling’s recovery to above €1.17…
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After falling towards monthly lows against the dollar at the end of last week, the euro has strengthened against the dollar this morning. Markets appear to have adopted a more ‘risk-friendly’ mood, something that favours the euro.
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The pound is still struggling against the euro but has strengthened a little against the dollar this morning, up from near monthly lows. In terms of data, this week we will see Markit PMI, CBI industrial trends orders…
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The pound is still struggling against the euro but has strengthened a little against the dollar this morning, up from near monthly lows. It’s quite a busy week for data releases, with PMI for both the UK and…
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The dollar has lost some of its strength this morning. Last week’s strength came from the Federal Reserve indicating that it would be appropriate to start reducing its bond buying purchases this year, but over the weekend, rumours…
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The pound’s 10-day fall has continued this morning and against the euro it is now around 1% down on the mid-August peak and a little more against the US dollar, although that slide has been ongoing since the…
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The dollar is still strong this morning, benefitting from continued risk-averse market sentiment. Fed comments around tapering along with increasing fears over the spread of the Delta variant have boosted the greenback.
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The euro has strengthened slightly against the dollar this morning, moving away from the 9-month lows it saw yesterday. However, the single currency remains pressured as market mood stays cautious.
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