by Charles Purdy | Jun 29, 2022
After weakening since the beginning of the week, the pound is slightly stronger against the euro but still trading around lower levels against the dollar. It was weighed down by dollar and euro strength, as well as Brexit woes. The UK government tabled a bill on...
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by Charles Purdy | Jun 29, 2022
Today, a panel discussion featuring European Central Bank President Christine Lagarde, Bank of England Governor Andrew Bailey and Federal Reserve Chairman Jerome Powell will take place at the ECB’s annual conference on central banking in Sintra, Portugal. The markets...
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by Charles Purdy | Jun 29, 2022
Sterling has weakened against the US dollar and strengthened against the euro over the last couple of days, following the recent pattern. Comparing the performance of both GBP and EUR against the US dollar, both are down almost 12% over the past year. To be fair, all...
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by Charles Purdy | Jun 28, 2022
The US dollar has slipped against most currencies over the past 24 hours – even the pound – but remains slightly up on the week against sterling and the Australian and New Zealand dollars. Yesterday’s Durable Goods Orders data confounded expectations, rising by 0.7%....
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by Charles Purdy | Jun 28, 2022
The euro has strengthened this morning and over the course of the week against the pound, US dollar and other major currencies. However, rates are on a hair trigger and likely to reverse direction at any moment. It’s been a busy week for data and central bank...
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