by Charles Purdy | Oct 18, 2022
Sterling strengthened decisively yesterday morning and early afternoon against all currencies. However, while it held onto some of those gains against the US dollar and Japanese yen they were reversed against most other rivals. A report in the FT this morning says...
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by Charles Purdy | Oct 18, 2022
The pound staged a recovery yesterday as the British government made the mother of all U turns on its fiscal policy. However, those gains have been at least partially reversed themselves this morning. In an effort to calm the markets and bring down the cost of...
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by Charles Purdy | Oct 17, 2022
The dollar is weaker against sterling this morning, while remaining largely unchanged against the euro compared to this time last week. There are lots of interesting data releases this week, with a key one to watch being housing starts on Wednesday. In the previous...
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by Charles Purdy | Oct 17, 2022
After a choppy week against the dollar, the euro remains marginally unchanged from where it started last week. Against the pound however, the euro is weaker this Monday. In the European Central Bank’s (ECB’s ) September meeting, Policymakers remained...
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by Charles Purdy | Oct 17, 2022
The pound is stronger against the euro this morning and is in a much better position against the dollar than it was after the September mini-budget. There are no key data releases from the UK today however markets will be watching to see how recent political events...
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