by Charles Purdy | Mar 29, 2022
After yesterday’s falls, the pound remains down but steady against most major currencies, except for the Japanese yen, following Mr Bailey’s comments. Against the Australian dollar it is over 1.5% down, and against other major currencies 0.25% to 1% down....
read more
by Charles Purdy | Mar 29, 2022
Sterling weakened fairly spectacularly over the course of yesterday against the euro – by well over 1% – and by around 0.8% against the US and Australian dollars. The drop followed comments by Bank of England (BoE) governor Andrew Bailey that British people faced a...
read more
by Charles Purdy | Mar 28, 2022
The dollar is stronger against the pound and euro this morning, supported by a risk-averse market. Following his visit to Europe last week, President Joe Biden finished off his speech with several ‘off-script’ comments about Russian President Vladimir Putin’s position...
read more
by Charles Purdy | Mar 28, 2022
The pound is looking strong-ish against the euro this morning while struggling against various dollars, notably AUD, NZD and CAD where it’s trading at around 0.8% to 1.6% weaker than this time last week. An early morning decline against USD has come some of the way to...
read more
by Charles Purdy | Mar 28, 2022
Last week was not good for the single currency and it remains well down against every major competitor except the Japanese yen. Tensions between the West and Russia, and a lack of progress with Moscow-Kiev negotiations, have sent the euro lower. Following talks...
read more
