by Christopher Nye | Mar 2, 2023
The US dollar made weekly and monthly gains against the pound yesterday but was weaker against the euro following the eurozone’s hot inflation data. This morning the dollar is up, maintaining yesterday’s gains (as well as monthly gains) against the pound...
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by Christopher Nye | Mar 2, 2023
Inflation data plus a flurry other key economic releases yesterday saw the euro rally against sterling. This morning the euro boasts its weekly gains against both the pound and US dollar. The single currency has also made fresh weekly gains against a handful of its...
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by Christopher Nye | Mar 2, 2023
Sterling fell under pressure against the euro and the US dollar yesterday as investors digested a range of market-moving economic releases. This morning, the pound is still weaker than both the euro and the US dollar compared to this time last week, as well as this...
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by Christopher Nye | Mar 2, 2023
Investors listened closely as BoE governor Andrew Bailey delivered a speech at the Cost of Living Crisis Conference in London yesterday. Bailey touched on a number of inflation-related issues including monitoring the Bank’s current tightening, interest rates and the...
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by Julian Benson | Mar 1, 2023
The last week or so has been rough for the US stock exchange with key stocks like The Dow and S&P 500 reporting daily losses. Yesterday, The Dow lost more than 100 points while Nasdaq and S&P 500 lost 0.1 and 0.2% respectively. Since close of play on Monday,...
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