by Charles Purdy | Sep 29, 2022
Overall, the euro remains stronger against sterling. Against the dollar, some gains were made after yesterday’s dramatic fall, but the euro is still weaker. Lots of interesting data from the eurozone today including Spain’s inflation rate and...
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by Charles Purdy | Sep 29, 2022
Sterling is still weaker overall against both currencies in the aftermath of the chancellor’s mini-budget announcement last Friday. Kwarteng’s tax cuts triggered the pound to fall to unexpected lows, while causing turbulence throughout Britain’s...
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by Charles Purdy | Sep 29, 2022
Over the course of the week, the Chancellor’s ill-received mini-budget has had a rippling effect throughout Britain’s financial markets and services. Earlier this week, markets watched some of the UK’s leading mortgage providers withdraw lending...
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by Charles Purdy | Sep 28, 2022
This morning the pound has slipped once again against the US dollar while remaining shaky against the euro. While some of that is down to the dollar’s strength, the euro is being held down by the war in Ukraine (and its effects on gas supplies). Long story short, it...
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by Charles Purdy | Sep 28, 2022
While sterling and the euro continue to plummet, the dollar makes gains against both currencies. It’s a busy day at the Federal Reserve a total of 5 speeches will be heard throughout this afternoon. Markets can expect lots of important data releases today,...
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