The euro reached a three-week high against the dollar yesterday, largely due to dollar weakness resulting from the Federal Reserve’s dovish tone and disappointing US GDP figures. In Germany, two key data releases revealed that the number of…
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As July comes to an end, the pound has recovered against most major currencies. Sterling has been supported in recent days by falling Covid-19 cases and received another boost yesterday after dovish comments from the Federal Reserve Chair,…
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As we reach the end of July, the pound has recovered against most major currencies. Sterling has seen a bout of strength over the last few days thanks to falling Covid-19 cases but has weakened a little this…
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Disappointing data and comments from the Federal Reserve Chair Jerome Powell were weighing on the dollar yesterday afternoon, but the greenback appears to have rebounded a little this morning. The dollar is benefitting this morning from its safe-haven…
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The dollar has weakened following ‘dovish’ or cautious comments from Federal Reserve Chair, Jerome Powell, following the two-day monetary policy meeting.
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The euro has strengthened against the dollar overnight but is weaker against the pound this morning.
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The pound is still strong against the euro and the dollar this morning due to falling COVID-19 cases in the UK. Sterling was nearing February 2020 levels against the euro yesterday.
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The pound is still strong against the euro and the dollar this morning, benefitting from signs that COVID-19 cases are falling in the UK. Despite this, the Prime Minister has warned against making any premature conclusions about the…
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