by Charles Purdy | May 17, 2022
Sterling is very much on the up this morning, following on from a positive day yesterday but boosted by excellent data on jobs and earnings, overall. This was despite dire warnings from Andrew Bailey yesterday on the challenges facing the country from inflation. That...
read more
by Charles Purdy | May 17, 2022
After an early morning drop yesterday, sterling powered upwards against the euro, US dollar and yen yesterday to end the day well above where it started the week. Today it has stretched its lead as jobs data showed the lowest level of unemployment for 50 years....
read more
by Charles Purdy | May 16, 2022
The dollar is strong against a basket of currencies this morning, benefitting from is status as a safe-haven currency. Worries over high inflation, the economic impact of the war in Ukraine and concerns over news that the Chinese economy is struggling due Covid...
read more
by Charles Purdy | May 16, 2022
The euro weakened at the end of last week after Russia announced it was sanctioning several European energy companies. It is still weaker against the dollar and the pound this morning. It’s also a busy week ahead for European data releases. GDP figures will be...
read more
by Charles Purdy | May 16, 2022
The pound strengthened against the euro at the end of last week and is trading around the same levels this morning. It is weaker against the dollar. This comes ahead of a busy week in the economic data calendar. Unemployment figures will be released for the UK...
read more
