The pound is weaker this morning, initially falling around 0.50% against the euro and 0.30% against the dollar after the Bank of England expressed a relatively calm attitude towards raising interest rates. The BoE voted to keep its…
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The dollar has edged marginally higher against a basket of currencies this morning after ‘hawkish’ comments from Federal Reserve officials.
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Today is light on data in Europe, but the European Central Bank will hold their General Council Meeting this morning, with speeches from officials later.
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The pound is steady against the euro and the dollar this morning ahead of the Bank of England’s monetary policy meeting later.
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The pound could take direction from the Bank of England’s latest monetary policy meeting, which is due to take place at midday today. Although interest rates and quantitative easing measures are expected to remain the same, any comments…
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The dollar has fallen against both sterling and euro over the past 24 hours. Yesterday’s data releases offered no surprises, with home sales still falling.
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The euro has fallen sharply against the pound this morning, while remaining weak against the US dollar compared to last Wednesday (although still 5% or so stronger than last summer).
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The pound enjoyed a mildly positive day against the euro yesterday while remaining well over 1% up on the US dollar this week – albeit still 1% down on last week. However this morning it has accelerated strongly,…
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