by Charles Purdy | Dec 19, 2022
Sterling starts the week having lost all of its gains from the past month against the euro. Although it remains well ahead of the lows of autumn and above the five-year average, last week will have given anyone committed to a large transaction in the eurozone (without...
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by Julian Benson | Dec 19, 2022
The US dollar made a marginal recovery on Friday against the pound following interest rate decisions from the Bank of England. This week there are a significant amount of data releases in the US, starting with the NAHB housing market index this afternoon which is...
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by Julian Benson | Dec 19, 2022
Following the European Central Bank’s decision to raise interest rates to 2.5% from 2% last week, alongside relatively hawkish comments from ECB president Christine Lagarde, the euro saw a significant boost against the pound on Thursday, which continued into Friday....
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by Julian Benson | Dec 19, 2022
The end of last week saw sterling fall significantly – almost 2% – against the euro and dollar. This was due to a relatively dovish approach from the Bank of England on interest rates compared to other central banks. The fall was despite several important data...
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by Julian Benson | Dec 19, 2022
The pound has yet to recover from last Thursday’s losses against the euro and US dollar following the interest rate decisions from the Bank of England (BoE) and European Central Bank (ECB). The ECB under Christine Lagarde is taking an exceptionally hawkish view on...
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