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Sterling leads the running ahead of rate decision

The pound has strengthened again this morning and is currently at its strongest against the euro since April. Against the US dollar, however, sterling remains around 6% weaker than it was in April. To be frank, sterling may go anywhere this week and this could be an...


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USD: Dollar recovers against euro

The dollar has now strengthened against the euro, returning to where it was last week. Against sterling, it has been a choppy start to the week with no clear diection. Yesterday the figures for job openings in the US continued to rise, coming in well above market...


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EUR: Euro weakens again

The euro weakened against sterling and the dollar yesterday. Germany’s Balance of Trade report for June is released today showing somewhat stable import and export figures. Surplus in Germany narrowed to €0.5 billion as imports rose to 33.6% year-on-year to 129.8...


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GBP: The pound finds new strength

The pound has strengthened against the euro this morning rising by nearly 0.2%. Sterling has also gained strength against the dollar and has risen by 0.3%. Yesterday the UK released data on Nationwide Housing Prices YoY JUL. the Index climbed 11.0% YoY a significant...


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Pound hits 14-week high ahead of Bank decision

The pound has been strengthening over the past week and that has continued this morning against the euro. Against the US dollar the pound remains stronger than this time last week despite a gentle decline since Monday. So far this morning we have heard that the German...


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