The pound has weakened slightly against the euro and the dollar this morning, as the UK lifts most COVID-19 restrictions on ‘Freedom Day’.
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The pound has weakened slightly against the euro and has hit a three-month low against the dollar this morning due to worries over rising COVID-19 cases. This comes on ‘Freedom Day’, with most restrictions lifted in England from…
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The usual economic measures have reacted to the official end to almost all Covid-19 restrictions by slipping slightly this morning, including the stock markets down to a two-month low, and the strength of sterling. The pound fell against…
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The dollar has regained some strength after Federal Reserve Chair Jerome Powell testified again in front of Congress yesterday. Once again, Powell stuck to his word around maintaining monetary policy despite rising inflation.
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The euro is weaker this morning, losing some of the gains it made yesterday against the dollar. This is largely due to dollar strength resulting from a risk-averse mood from markets. Markets will now be looking to consumer…
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The pound saw a boost yesterday after comments from the BoE hinted at an early end to its bond-buying stimulus programme and a rise in interest rates. Sterling had been on track to reach yet another 14-week high…
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The pound saw an initial boost yesterday after the Bank of England hinted at an early end to its quantitative easing measures and a rise in interest rates, however, sterling has since lost some strength this morning. BoE…
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The dollar was largely unchanged yesterday following a ‘dovish’ speech from Federal Reserve Chair Jerome Powell, who testified in front of Congress yesterday.
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