Euro ended last week down against the pound, after German factory orders came in much worse than expected. Italian retail sales were also shown to have declined year-on-year in figures for April. German industrial production this morning also…
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After a soft week against the euro, the pound strengthened on Friday and is strong against both the euro and dollar this morning. This is due to news that the UK and the EU have committed to continuing…
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The pound is up this morning against the euro, despite inconclusive Brexit talks, with Michel Barnier saying no significant progress had been made. However, the UK and EU have committed to continuing negotiations until the end of the…
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Over the past three weeks the pound has strengthened in a series of decisive steps agains the US dollar, ending up nearly 5% higher than in mid-May. It’s been more choppy against the euro, but we are at…
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The dollar has reached a month’s low against the pound, as investors turn to European economies reopening with lower infection rates and tension with China continuing to rise. The US trade deficit has widened to the largest gap…
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The euro was strong against the pound after the European Central Bank passed larger-than-expected stimulus measures, taking its total bond purchase programme to €1.35 trillion and extending it six months longer than the original plan, until June 2021.…
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The pound was still weak against the euro yesterday afternoon due to persistent fears of a no-deal Brexit at the end of this year, as well as increasing expectations of another rate cut from the Bank of England.…
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The euro was given a boost against the pound yesterday after the European Central Bank unveiled a larger-than-expected addition to its asset purchase programme, as well as extending it until June 2021. Although sterling looks slightly stronger this…
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