by Charles Purdy | Apr 25, 2022
After weakening at the end of last week due to disappointing economic data, the pound is still lower this morning against the euro and the dollar. Both UK retail sales and consumer confidence data came below expectations, the consumer confidence lower than the levels...
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by Charles Purdy | Apr 25, 2022
Following the release of disappointing UK retail sales figures and consumer confidence data last week, the pound is weaker against both the euro and the dollar this morning. UK retail sales came in lower-than-expected in March, whilst consumer confidence was at lower...
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by Charles Purdy | Apr 25, 2022
When the exit poll came through from France last night, showing that Europe has avoided a far-right government at its heart, the wind went out of sterling’s sails as the euro strengthened. Those gains have been pared back since, especially against the US dollar where...
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by Charles Purdy | Apr 22, 2022
The euro received a boost yesterday after the European Central Bank suggested that an interest rate hike could happen in July. This morning, the single currency is still stronger against the pound but is weaker against the dollar. Inflation for the eurozone in March...
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by Charles Purdy | Apr 22, 2022
The pound has weakened further against the euro and the dollar this morning following disappointing UK data. Retail sales fell 1.4% in March and consumer confidence fell to levels lower than those seen during the 2008 financial crisis. Soaring prices have left many...
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