Sterling moves ahead against euro

Over the course of yesterday the pound strengthened against the euro by just over 0.5% as the economy picture for the eurozone appeared to grow worse. That has continued this morning. No doubt where the pound is going against USD however, to a new post-Covid low. With...


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Pound gains on euro as dollar leaps ahead

The pound strengthened yesterday against the euro, while falling further against the US dollar. That has continued this morning. The big economic story yesterday was the fall in stocks (particularly tech stocks) as the economic picture darkened for the larger...


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USD: Dollar continues to strengthen

Last week was a triumphant week for the dollar. Against both sterling and the euro, the dollar gained continuous strength. This morning, the dollar is choppy against sterling but holds a stronger position that it did this time last week. Against the euro, the dollar...


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EUR: euro struggles to regain strength

After a week of recovery against the pound, the euro has dropped slightly this morning against sterling. Against the dollar, the euro is weaker than it was this time last week, and has fallen by 0.02%. No significant eurozone data today however lots of interesting...


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