by Charles Purdy | Jun 10, 2022
After rallying against the euro yesterday, the pound has lost some of its strength this morning but remains up on this time last week. Against the dollar, sterling remains weaker. The main driver of currency movements was the European Central Bank’s much-anticipated...
read more
by Charles Purdy | Jun 9, 2022
The dollar is slightly weaker against a basket of currencies this morning ahead of the release of US inflation data tomorrow. Inflation is predicted to have stayed the same year-on-year in May and core inflation is predicted to have decreased slightly. Today, jobless...
read more
by Charles Purdy | Jun 9, 2022
The euro strengthened yesterday against several currencies ahead of the European Central Bank’s meeting later today. At the meeting, officials are expected to pave the way for a July interest rate hike, as well as further hikes throughout the course of the year....
read more
by Charles Purdy | Jun 9, 2022
After a surprise surge on Tuesday afternoon, the pound has weakened slightly against the euro and the dollar. Sterling could be impacted by the European Central Bank’s monetary policy meeting today, as the markets will also be looking ahead and comparing to the Bank...
read more
by Charles Purdy | Jun 9, 2022
All eyes will be on the European Central Bank’s monetary policy meeting, which is due to take place later today. Officials are set to end the ECB’s bond buying programme and pave the way for interest rate hikes at subsequent meetings, including the next meeting in...
read more
