Sterling sank by half a per cent against the euro and US dollar early yesterday morning, very much against the trend of recent weeks, although it recovered some of those losses later in the day and hits Tuesday…
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A series of data will be released for the US this week, including core PCE, which measures inflation, and personal income figures.
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The improving situation in the Eurozone and positive economic data has kept the euro strong against the dollar.
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The pound is at strong levels against both the euro and the dollar this morning, as optimism about the UK’s economic reopening continues to support sterling.
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After strengthening due to better-than-expected retail sales data at the end of last week, the pound is still at strong levels against the euro and the dollar this morning. It continues to be supported by the success of…
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Unusually for a Monday in recent months, sterling starts the week in uncertain mode. This week is extremely quiet for data, especially compared to last week, where just about every release, from new jobs, to rising prices, to…
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The dollar has strengthened slightly but continues to be weighed down by an increased risk appetite from markets. Once again, the number of Americans filing for unemployment benefits is at a pandemic low.
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The euro is relatively unchanged against the dollar this morning, having gained back some strength after the Federal Reserve hinted at scaling back its asset purchases. Markit PMI for the eurozone increased in May.
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