The pound is strong against the euro this morning as it continued to strengthen following the Bank of England’s monetary policy meeting last week, when officials said that they are likely to hike interest rates ahead of schedule.…
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The pound starts the week in an exciting position, trading around an 18-month high against the euro. After strong gains at the end of last week, sterling briefly breached the 1.1800 mark this morning and has strengthened against…
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The euro hit four-month lows against the pound yesterday and is still struggling against the dollar as eurozone PMIs disappointed markets and hawkish comments from the Federal Reserve benefit the greenback. The European Central Bank suggested that there…
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The pound is trading at strong levels against both the euro and the dollar following yesterday’s Bank of England monetary policy meeting, which markets have dubbed ‘Super Thursday’. The BoE gave off a more ‘hawkish tone’, suggesting that…
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As predicted, the pound saw some volatility around lunchtime yesterday after 'Super Thursday'. This morning, sterling has strengthened against the euro and is still strong against the dollar. The BoE suggested that 'modest tightening' of policy might be…
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The dollar is still benefitting from a cautious market mood as well as comments from the US Federal Reserve Vice-chair Richard Clarida who suggested that tapering could be seen this year and interest rate hikes could start in…
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Some ‘hawkish’ comments from Federal Reserve officials boosted the dollar yesterday.
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The euro has weakened against the dollar after the greenback was given a boost yesterday.
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