by Charles Purdy | Jun 1, 2022
The euro is still strong against the dollar this morning as expectations for ‘hawkish’ action from the European Central Bank grows. These expectations were fuelled by eurozone flash inflation data yesterday, which revealed that inflation increased to 8.1% in May, an...
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by Charles Purdy | Jun 1, 2022
The pound is trading around the same levels against the euro and the dollar this morning. UK economic data on nationwide housing prices was released this morning. The Nationwide House Price Index increased 11.2% year-on-year in May, beating expectations of 10.5%....
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by Charles Purdy | Jun 1, 2022
The pound is trading around the same levels against the euro and the dollar this morning, despite housing data that was released earlier today. The data shows that annual house price growth slowed slightly in May. This has been attributed to the cost-of-living crisis...
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by Charles Purdy | Jun 1, 2022
Sterling has been uncharacteristically stable for the past week, barely moving against the euro and gently strengthening against the US dollar. Party that is down to the dearth of data this week, as the UK prepares for a four-day weekend to mark the Queen’s Platinum...
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by Charles Purdy | May 31, 2022
The US dollar has been the biggest loser in the currency arena for the past month and that continues right through to the end of the May. Yesterday was Memorial Day and a public holiday, with no data releases. Today there will be house price data – will there be any...
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