Sterling has welcomed each new week since the vaccine programme started in mid-December with a surge in optimism, and apart from the occasional midweek wobble and a worrying lurch lower in early April has held onto those gains…
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Following the decline in dollar support after far worse than expected jobs data on Friday, the dollar continued to struggle against both EUR and GBP yesterday, reaching its lowest point against the pound for three years.
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The euro largely held onto its gains against USD from Friday, while slipping against the pound yesterday by around 1%.
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Sterling enjoyed another successful start to the week on the back of the local election results, further boosted by Halifax House Price data that showed a rise in house prices of 1.4% in the past month, 8.2% in…
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Sterling was boosted at the start of the week yesterday, gaining almost 1.5% against both the euro and US dollar.
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The dollar is under pressure against both the pound and euro this morning after a disappointing Non-Farm Payrolls on Friday.
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The euro is slightly weaker against the pound but strong against the dollar, reaching its strongest level since February due to a poor US jobs report.
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The pound has strengthened against both the euro and the dollar this morning, as political risks have decreased following the results of the local elections.
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