by Charles Purdy | Jun 6, 2022
The pound is weaker against the euro and the dollar this morning after weakening towards the end of last week. This was mainly due to euro and dollar strength. This week, the pound has the European Central Bank’s monetary policy meeting to content with, which could...
read more
by Charles Purdy | Jun 6, 2022
Sterling is weaker against both the euro and the dollar this morning following the Jubilee Bank Holiday weekend. This comes ahead of a fairly light week for UK economic data. News this morning reveals that a vote of confidence in the Prime Minister is expected to take...
read more
by Charles Purdy | Jun 6, 2022
While the UK enjoyed four days of street parties and beer tents for the Jubilee, sterling obviously didn’t get the memo about pride in Britain and weakened to a three-week low against the euro and a two-week low against the US dollar. However, it has been boosted this...
read more
by Charles Purdy | Jun 1, 2022
The dollar has edged higher against a basket of currencies this morning as market focus turns to rising global inflation. With US inflation at a 40-year high, President Biden met with Federal Reserve Chair, Jerome Powell yesterday. Biden promised to give Powell the...
read more
by Charles Purdy | Jun 1, 2022
The euro is still strong against the dollar this morning as expectations for ‘hawkish’ action from the European Central Bank grows. These expectations were fuelled by eurozone flash inflation data yesterday, which revealed that inflation increased to 8.1% in May, an...
read more
