The euro reached a fresh April high against the dollar yesterday but has since weakened after US retail sales far exceeded market expectations. Later this morning, inflation figures for the Eurozone will be released. Inflation is projected to…
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The pound has weakened further against both the euro and the dollar this morning. It is thought that the resignation of Andy Haldane as the Bank of England’s Chief Economist should not affect sterling in the next few…
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The pound has weakened further against the euro and the dollar this morning. After the resignation of Andy Haldane as the Bank of England’s Chief Economist caused sterling to weaken, economists do not think this will affect sterling…
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US retail sales data is due to be released this afternoon. After declining by 3% in February, an uptick of 5.9% is expected for March as the economy begins to recover.
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The euro is still strong against the dollar this morning, partly due to dollar weakness. The markets have also shifted their focus towards the prospect of an economic rebound in Europe later this year.
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It is thought that the UK’s successful vaccine programme has been priced into the market. For Europe, however, signs progress with their vaccines is having a positive effect on the euro.
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The pound is still weaker against the euro this morning. It’s thought that news surrounding the UK’s vaccine progress could now be priced into the markets. However, in Europe, signs that their vaccine rollout is improving is giving…
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Sterling has continued to struggle against the euro, but the precipitative falls of last week have at least stopped for now, at just under 1% down on this time last week. Against the US dollar the drop is…
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