Sterling continues to bobble around the €1.17 and $1.39 level, failing to find a direction either way as the financial markets consider the data on the pandemic and the economy, and guess which way the Bank of England…
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Sterling slipped slightly yesterday against the euro and US dollar, dropping below both €1.17 and $1.39, but largely held onto last week’s gains against the US dollar. The drop might have been bigger had there not been more…
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The dollar is weaker this morning ahead of Non-Farm Payrolls data, which will be released at the end of this week. This data could be key in influencing the Federal Reserve’s next actions on monetary policy.
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The euro is stronger against the dollar this morning due to positive economic data from the Eurozone and dollar weakness.
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The pound is still in a strong position against the euro and dollar this morning, after strengthening throughout the course of last week due to falling COVID-19 cases in the UK.
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Sterling is still at strong levels against the euro and the dollar this morning after benefitting from news last week that COVID-19 cases are falling in the UK. This week, the markets are looking ahead to the Bank…
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Sterling starts the week in a relatively indecisive mood, having leapt out of the traps on recent Monday mornings in one direction or another. Also against the trend, GBP/EUR hasn’t followed the pattern of recent years and has…
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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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