by Charles Purdy | Oct 11, 2022
It was a mixed day for the single currency, weakening against the pound very slightly, and against the US dollar by rather more. However, against the Australian dollar and renminbi there was a positive movement. It’s another quiet day on the wires today, indeed it’s a...
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by Charles Purdy | Oct 11, 2022
It’s been an indecisive start to the week for sterling, with very marginal gains on the euro but losses against USD. The Bank of England stepped in to calm the markets yesterday, and the chancellor has brought forward the official forecasts of the effect on the...
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by Charles Purdy | Oct 11, 2022
Sterling oscillated wildly against the euro and US dollar yesterday in an interesting day for the British economy; one which ended the day with sterling left largely unchanged against the euro but around a third of a cent down on the dollar. This morning sterling has...
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by Charles Purdy | Oct 10, 2022
Sterling has started the week already on the back foot, dropping around 0.75% against the US dollar and the euro, as the markets get used to a weekend of opinion polls and squabbling in government. However, as we discovered two weeks ago, the smaller trades in the...
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by Christopher Nye | Oct 10, 2022
The dollar begins the week stronger against both sterling and the euro. Since the Federal Reserved the federal funds rate by 75 basis points in September, pushing America’s borrowing costs to their highest levels since 2008, policymakers anticipate ongoing...
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