It was a nervy start to the week for sterling against the euro, weakening initially, then strengthening by half a cent and ultimately ending up where it began.
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The pound finished last week in a strong position against the euro and the dollar, reaching a 2-month high against the single currency. However, this morning, sterling is weaker as markets digest the news that the lifting of…
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The euro has started the week in a weaker position against the dollar as hints of tapering have supported the greenback. A series of data was released for Europe on Friday, including retail sales for the Eurozone, which…
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The pound finished last week on a strong note, reaching a 2-month high against the euro and rising against the dollar, but has lost some of that strength this morning. This comes as markets react to the government’s…
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The dollar weakened against both the pound and the euro at the end of last week after a disappointing Non-Farm Payrolls report, but has since regained some strength after hints of tapering. The data for May revealed that…
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The pound starts the week exactly where it began last week against the euro, but worth around half a cent less against the US dollar. In a change to the pattern we saw in the early spring, sterling…
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The dollar is strong after three positive data releases have driven demand for the currency. Later today, we will see non-farm payrolls which could play an important role in the Federal Reserve’s decision around ‘tapering’.
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The euro is weaker this morning, weighed down by strong US data. European Central Bank President, Christine Lagarde, will speak at lunchtime. This comes ahead of the ECB’s interest rate decision on June 10.
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