Select Page


EUR: Euro weakens again

The euro weakened against sterling and the dollar yesterday. Germany’s Balance of Trade report for June is released today showing somewhat stable import and export figures. Surplus in Germany narrowed to €0.5 billion as imports rose to 33.6% year-on-year to 129.8...


read more

GBP: The pound finds new strength

The pound has strengthened against the euro this morning rising by nearly 0.2%. Sterling has also gained strength against the dollar and has risen by 0.3%. Yesterday the UK released data on Nationwide Housing Prices YoY JUL. the Index climbed 11.0% YoY a significant...


read more

Pound hits 14-week high ahead of Bank decision

The pound has been strengthening over the past week and that has continued this morning against the euro. Against the US dollar the pound remains stronger than this time last week despite a gentle decline since Monday. So far this morning we have heard that the German...


read more

USD: Dollar recovers in early trading

After taking a bit of a dive yesterday, the US dollar has recovered against both the euro and the pound this morning. Yesterday’s economic data showed ISM Manufacturing PMI slipping a little lower than June, but nevertheless beating expectations of 52 to show 52.8....


read more

EUR: Euro wavering in the face of poor PMI

The euro has been unable to establish any clear direction against the pound over the past week, having declined fairly sharply the week before. So far this morning the euro has weakened against the US dollar by 0.3%, losing almost all of the gains it made yesterday....


read more