Last week the pound saw losses against both the euro and the dollar and remains relatively unchanged this morning. Markets will be paying close attention to the Bank of England’s policy meeting on Thursday where interest rates will…
Read more
›
As the original “Freedom Day” arrives, the pound is trading around the same levels against the euro as the end of last week but is strengthening slightly against the dollar. Although nearly 60% of all adults in the…
Read more
›
Sterling starts the week essentially unchanged over the last six weeks against the euro, despite some excitement last week when it briefly reached its highest point since early April. Quite a few clients who were in touch with…
Read more
›
After hitting a 10-week high yesterday against the euro, the pound has since weakened following disappointing retail sales data. Sales fell by 1.4% which was far from the market prediction of an increase of 1.6%. Against the dollar,…
Read more
›
The euro continues to weaken against the strong dollar and is trading around its lowest level in two months. Eurozone inflation rate rose by 2% year-on-year in May, just above the European Central Bank’s target and the highest…
Read more
›
After hitting a 10-week high yesterday against the euro, the pound has lost some strength following disappointing retail sales data. Signs that consumers may be more cautious than was initially thought could weigh on sterling. This weak UK…
Read more
›
The hawkish comments from the Federal Reserve are still feeding the dollar which has maintained its strength against the pound and the euro. There were hints from the bank’s so-called ‘dot plot’ that interest rates may be set…
Read more
›
The dollar is stronger this morning against the pound, euro and other currencies after the Federal Reserve’s press conference yesterday, which concluded its two-day monetary policy meeting.
Read more
›
