The shine has come off sterling over the last few days, maybe something to do with all the rain. The pound slipped around 0.5% against most major currencies yesterday and looks increasingly unlikely to regain those heady levels…
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The dollar is still weak against a basket of currencies this morning due to the ‘dovish’ stance from the Federal Reserve and an improving global outlook.
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The euro maintained its strength against both the pound and the dollar yesterday. Positive economic data from Germany and the acceleration of vaccine programmes across Europe are supporting the single currency.
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The pound has weakened slightly against the euro and the dollar over the course of this week, mostly due to a lack of positive drivers for sterling.
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The pound is slightly weaker against the euro and the dollar due to a lack of economic data and other positive drivers. As the vaccine programme in Europe accelerates and lockdown restrictions ease, it could be said that…
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The US dollar slipped yesterday, weakened by an increased appetite for risk among global investors, losing slightly against both EUR and GBP yesterday. It is now trading close to its lowest rates since the start of the year…
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The euro had the best day of any major currency except for the Norwegian krone yesterday, as the vaccine rollout began to pick up pace and overtake the UK in numbers vaccinated each day.
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With little in the way of data releases to appeal to the market – following the bonanza of good news last week – sterling was left to drift at the start of the week.
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