USD: Dollar strong ahead of GDP figures

The dollar is strong against a basket of currencies, still benefitting from its status as a ‘safe-haven’ currency amid worries over the global economy and news that Russia has cut gas supplies to Poland and Bulgaria. GDP figures will be released for the US today, with...


read more

EUR: Euro falls to 5-year low against dollar

The euro is still struggling against a range of currencies and fell to a 5-year low against the dollar this morning. This followed news that Russian gas supplier, Gazprom, has stopped supplies to Poland and Bulgaria. There is now concern that this could extend to...


read more

GBP: Pound firmer against euro

The pound is still weak against the dollar this morning but has gained some ground against the euro since yesterday. It continues to suffer against the greenback due to poor economic data releases and a dip in the global markets. Data released yesterday showed that UK...


read more

Euro suffers as Russia stops gas supplies

The euro is weaker against the pound and the dollar this morning following news that Russia has halted its gas supply to Poland and Bulgaria. Russia has said that the action has been taken due to the two nations refusing to pay for supplies in roubles. Worries over...


read more

USD: Dollar stronger due to safe haven status

The dollar is stronger against a basket of currencies, benefitting from its status as a safe-haven currency. The markets have flocked to safe haven currencies due to an escalation of tensions between Russia and Europe. President Putin has announced that he will halt...


read more