The pound starts the week in fighting form, remaining more or less at the two-and-a-half-month high it reached on Friday. The pound-to-euro exchange rate has barely moved for a month now. Staying on a plateau like this is…
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US consumer inflation has jumped by 5% year-on-year in May, far exceeding predictions of 0.4%. This is the highest reading since 2008 and has caused Treasury yields to increase, giving the dollar an initial boost. President Biden is…
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The euro has recovered some of its losses against the dollar this morning after a ‘dovish’ European Central Bank meeting yesterday and strong US inflation data weighed on the single currency. The ECB unanimously voted to leave interest…
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The pound is stronger against the euro this morning. Sterling is trading around the same levels as yesterday afternoon against the dollar. Leaders from around the world began to arrive in Cornwall yesterday ahead of the G7 summit.…
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The pound is stronger against the euro this morning. Sterling is trading around the same levels as yesterday afternoon against the dollar. Markets will be keeping a close eye on the G7 summit which is due to get…
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The dollar has edged higher against a basket of currencies this morning ahead of the release of US inflation data.
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The euro is slightly weaker against the dollar this morning ahead of the European Central Bank’s press conference and interest rate decision later.
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The pound is slightly weaker this morning but is still trading around the same levels against the euro and the dollar.
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