by Charles Purdy | Apr 22, 2022
The pound is weaker against the euro and the dollar this morning following disappointing UK data. Retail sales fell in March as soaring prices left many consumers with no choice but to cut back on spending, particularly on food and fuel. Consumer confidence fell to...
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by Charles Purdy | Apr 22, 2022
The dollar has regained some strength against both the pound and the euro this morning following comments from the Federal Reserve that supported more aggressive interest rate hikes later this year. Speaking yesterday, Fed Chair Jerome Powell said that a half-point...
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by Christopher Nye | Apr 21, 2022
The dollar has weakened slightly against the pound this morning, mainly due to the fact that the Federal Reserve’s approach to monetary policy is now largely priced into the markets. Later today, there will be a series of data releases for the US, including initial...
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by Christopher Nye | Apr 21, 2022
The euro has strengthened against the pound and the dollar this morning following comments from European Central Bank officials. Governing Council member, Martins Kazaks, said yesterday that an interest rate hike in July is “possible”, whilst Vice President, Luis de...
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by Christopher Nye | Apr 21, 2022
After a strong week against the euro, the pound has fallen this morning, mainly due to euro strength. However, it has strengthened slightly against the dollar. Sterling may also have weakened due to a warning from the World Bank this morning, which has said there...
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