by Charles Purdy | Nov 11, 2022
Sterling had a strong day on Thursday in the fall out from US inflation data being lower than predicted. A surge in global stock markets tends to support sterling. GDP data this morning is mixed, with a 0.6% fall in September being even worse than expected, though...
read more
by Charles Purdy | Nov 11, 2022
Thursday was a wild day on the currency markets, with the pound strengthening by nearly 3% on the US dollar and well over 1% on the euro. Most of that gain was in the hour after America’s ‘core inflation rate’ was revealed to be lower than expected at 6.3% year on...
read more
by Julian Benson | Nov 10, 2022
The US dollar made significant advances against the pound yesterday despite stock markets drifting lower as election results reported “too close to call.” For more on currencies and currency risk management strategies, please get in touch with your Smart Currency...
read more
by Julian Benson | Nov 10, 2022
The euro made steady gains against sterling yesterday despite the Eurozone’s battle against high inflation and a looming recession.
read more
by Julian Benson | Nov 10, 2022
Yesterday was a rocky day for sterling as it fell approximately 1.5% against the US dollar. It’s not clear at this moment what caused this change.
read more
