The dollar is slightly weaker against a basket of currencies this morning after data showed that core consumer prices rose by just 0.1% month-on-month in February, unchanged from January.
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The ECB is expected to focus on the recent rise in bond yields and the Bank’s inflation projections, and it’s thought that it could increase its forecast for inflation and lower the forecast for GDP.
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The pound was little changed yesterday, but still well supported against the dollar and the euro. Sterling is still being supported by the UK’s vaccine rollout and hopes of economic recovery. 40% of adults have now received their…
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Sterling is still at strong levels against the euro and the dollar this morning and was little changed yesterday. 40% of all adults in the UK have now been given their first vaccination and reports suggest that a…
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The pound hit a new one-year high against the euro yesterday afternoon, and has already gone on to beat that this morning, rising by around 0.3% but beginning to fall back again now. Why not get a quote…
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Joe Biden’s $1.9tn coronavirus relief package is expected to be voted for in the US House of Representatives today, after it was revised and approved by the Senate last week.
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It’s a quiet day for European data releases today, so the markets will be looking ahead to the ECB’s latest interest rate decision and monetary policy meeting tomorrow.
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The pound is still trading around one-year highs against the euro this morning and is strong against the dollar after yesterday’s positive business confidence data and hopes of economic recovery.
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