The pound suffered against the euro last week but managed to recover to the €1.15 mark this morning and is trading above this time last year. Sterling seems to also be gaining some ground against the dollar. It’s…
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The American job market appears to be recovering as initial jobless claims fell to 547,000 – their lowest level since the start of the pandemic. This gave the dollar an initial boost against the euro. In a virtual…
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The euro maintains its strength, largely due to pound weakness, and is still strong against the dollar. Comments by President of the European Central Bank, Christine Lagarde, acknowledged that the outlook for the eurozone is beginning to look…
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The pound is still weaker against the euro this morning. Sterling has strengthened slightly against the dollar and is still trading at higher levels than this time last month. This is puzzling markets as recent data in the…
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The pound is still weaker against the euro this morning despite a host of positive data releases in the UK. Sterling has strengthened slightly against the dollar. Nearly all over 50s have been vaccinated in England, and 10…
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The dollar is still weak against a basket of currencies due to treasury yields, which have been falling after spiking to their highest in more than a year last month.
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The euro is strong against the dollar this morning ahead of the European Central Bank’s latest monetary policy meeting, which will take place later today.
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The pound is trading around the same levels against the euro and is slightly stronger against the dollar this morning, after weakening yesterday due to a fall in the global markets.
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