After reaching a 13-month high yesterday morning, the pound has now weakened slightly against the euro and the dollar.
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After strengthening yesterday morning, the pound slipped against the euro and the dollar as traders returned to their desks after the Easter weekend. However, with the economy still on course to reopen as planned and vaccines continuing to…
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The dollar’s long decline against GBP over the past year bottomed out over the course of the past five weeks, but now there is evidence of further weakening. The picture against the euro remains mixed, as over the…
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The single currency appears to have arrested its declines against USD, strengthening by 0.5% over the last few days. It continues to flatline against sterling.
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Sterling momentarily breached €1.18 earlier this morning, a rate it has rarely surpassed in the past five years, while also strengthening to a two-week high against the US dollar.
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Sterling hit a new 13-month high overnight against EUR as the UK’s slow easing of lockdown will continue as planned. Prime Minister Boris Johnson said yesterday that some limited overseas travel could start in mid-May, while shops and…
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The dollar remains strong against a basket of currencies this morning due to expectations for strong economic growth.
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Retail sales data for Germany was released this morning. They increased 1.2% month-on-month in February.
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