The pound is still under pressure against the dollar and around the same levels against the euro this morning, ahead of GDP figures for the UK tomorrow. The UK economy is expected to have grown by 3.9% in…
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Sterling reached its highest level for three months yesterday against the euro, before falling back sharply to where it started the day. If that sentence gives you a sense of déjà vu it’s because that’s been the pattern for…
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The pound strengthened against the euro and the dollar yesterday following the government’s announcement on Monday, which revealed that most Covid restrictions are likely to be lifted on July 19. This was followed by a series of announcements,…
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The pound was near to a three-month high against the euro and at a weekly high against the dollar yesterday following Monday’s announcement about the easing of lockdown restrictions on July 19.
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The euro weakened against both the pound and dollar yesterday due to poor economic data from Germany.
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The dollar edged higher against a basket of currencies yesterday as the markets looked ahead to the minutes from the Federal Reserve’s June meeting, which will be released later today.
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The dollar came second to a resurgent sterling yesterday while the markets were closed for Independence Day, while continuing to track sideways against the euro as it has been for the past two to three weeks.
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The euro continued its slow but steady slide against the pound that has seen it lose 5% of its strength since the start of the year. Against the dollar the picture is a little better, as the euro…
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