The euro is soft against the dollar and the pound, partly due to inflation, which is not yet high enough to pressure the European Central Bank into tightening monetary policy.
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The pound weakened to its lowest level in over a week against the dollar yesterday and was largely unchanged against the euro.
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The pound is weaker against the dollar and mostly unchanged against the euro this morning. GDP figures for the UK were released earlier, showing that the economy shrank by 1.6% in the first quarter of this year due…
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The pound has started the day very much on the downturn this morning, but if you’ve been googling news on sterling, today probably isn’t the day to do it. England’s victory over Germany (goals by Sterling and Kane),…
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The dollar strengthened against the euro and pound yesterday, and that has continued this morning, as concerns over resurgent cases of the Covid-19 Delta variant encouraged investor to seek safety in the dollar.
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The single currency suffered against the dollar yesterday although it recovered early losses against sterling.
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The pound traded in a narrow range yesterday, ultimately going nowhere but maintaining its position close to 15-month highs.
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The pound strengthened against both the euro and US dollar by nearly 0.3% in early trading yesterday but lost those gains in the afternoon and it starts Tuesday roughly where it began the week. Prompting the reversal in…
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