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A strong week for the euro

After a rocky week of ups and downs, the euro strengthened decisively against the US dollar and other currencies. This morning, the French inflation rate dropped more than expected, going from 5.9% in August to 5.6% in September. Today, the Euro Area will release its...


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The pound recovers losses

Against the US dollar and the euro, sterling made new gains yesterday and regained the losses since last Friday. So far this morning, the pound has remained steady. The GDP annual growth rate was 4.4% year-on-year up to the second quarter of 2022. This is higher than...


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A sterling day for the euro and pound

Sterling saw a recovery throughout the day yesterday versus both the euro and USD. This continued this morning as the pound has gained 1% against both currencies. In the news, it’s been reported that over 40% of available mortgages have been withdrawn by lenders since...


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USD: dollar at a 50 year high against sterling

The dollar is still stronger against both currencies this morning despite yesterday’s fluctuations against the euro. Markets can expect another day of speeches from Federal Reserve today while the US central bank works diligently to tackle rising inflation. The...


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