by Charles Purdy | Jul 22, 2022
It was a big day for the euro yesterday after the European Central Bank’s latest interest decision caused the single currency to jump across the board. The ECB announced that it would be raising interest rates in the eurozone by 50 basis points, the first rate hike in...
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by Charles Purdy | Jul 22, 2022
The pound fell by almost 1% against the euro yesterday following the European Central Bank’s latest interest rate decision but has made a good recovery this morning. In the data world, UK consumer confidence figures were unchanged in July and better than market...
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by Charles Purdy | Jul 22, 2022
The pound fell by almost 1% against the euro yesterday following the European Central Bank’s latest interest rate decision but has made a good recovery this morning. Against the dollar, sterling is up around 1% compared to this time last week. The ECB raised interest...
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by Charles Purdy | Jul 22, 2022
The dollar is still struggling against the pound but has recovered some strength against the euro. Nonetheless, the greenback remains over 1% down on this time last week against the euro. This week’s light US data calendar has left the dollar with little to play with...
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by Charles Purdy | Jul 21, 2022
The dollar slipped severely against the euro and more mildly against almost every currency yesterday as it continued to suffer from a ‘risk on’ mood. There has been some interesting housing market data so far this week. Although none of it strayed too far from...
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