The dollar remains strong against a basket of currencies this morning and the markets are looking ahead to Federal Reserve Chair, Jerome Powell’s speech later today. This will be the first of three public appearances this week.
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The euro is weak against the dollar and the pound this morning, as Europe’s slow vaccine progress continues to weigh on the single currency.
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The progress of the UK’s vaccination programme and hopes for a swift economic recovery are still supporting sterling.
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The pound is still strong against the euro and the dollar this morning ahead of a busy week of economic data releases. The pace of the vaccine programme and hopes for economic recovery are still providing support for…
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Sterling finally breached the €1.17 barrier last week and was very briefly up to nearly $1.40 too, before falling back last week. We start the week a little lower than last Monday but still in a very healthy…
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After a surge in bond yields yesterday, the dollar has since lost some of its strength as yields start to ease. The initial rise in bond yields was a result of ‘dovish’ comments from the Federal Reserve in…
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The euro remains weak against the pound but has gained a little ground against the dollar. After several European countries paused the rollout of the Oxford-AstraZeneca vaccine over fears of a link to blot clots, the European Medicines…
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The pound reached its highest levels against the euro in a year yesterday morning, but soon lost some of its strength as the Bank of England announced its interest rate decision. This morning, sterling has strengthened slightly against…
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