by Charles Purdy | Jun 28, 2022
The euro has strengthened this morning and over the course of the week against the pound, US dollar and other major currencies. However, rates are on a hair trigger and likely to reverse direction at any moment. It’s been a busy week for data and central bank...
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by Charles Purdy | Jun 28, 2022
The pound has slipped sharply this morning against the euro and a little less against USD, following a choppy day yesterday. Part of the reason is the currency markets reacting to the increased likelihood of a trade war with Europe over the Northern Ireland protocols....
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by Charles Purdy | Jun 28, 2022
Sterling strengthened and then weakened yesterday against most currencies, but has started today on a sharp downturn. It’s been a quiet start of the week for data in the UK, but plenty of central bankers have been talking about the economy, including ECB President...
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by Christopher Nye | Jun 27, 2022
The pound has started off the working week in a broadly positive mode, strengthening against most other currencies this morning, albeit remaining a percentage point or so below last month. Given the economic and political uncertainty at the moment, that’s about the...
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by Charles Purdy | Jun 27, 2022
The dollar has strengthened against a basket of currencies this morning, benefitting from its status as a safe haven currency. Investors are concerned that high interest rates and poor economic data could mean that a global recession is approaching. A series of data...
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