by Charles Purdy | Jan 26, 2022
With so-called ‘Blue Monday’ safely behind us – though I suspect it’s less grim if you have a fixed plan to retire abroad this year – and an exciting year ahead beckoning us on, do we feel optimistic about the pound’s fortunes? And do the leading banks? When...
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by Christopher Nye | Jan 25, 2022
The dollar strengthened sharply against the pound and euro yesterday, and has largely held onto those gains this morning. The dollar is in a push-me pull-me mode as traders balance current performance with future risk. The Ukraine crisis is encouraging a risk-off...
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by Charles Purdy | Jan 25, 2022
The single currency had a mixed day yesterday, strengthening sharply in early trading against both GBP and USD but those gains being pulled back since. Despite war brewing on the outer eastern edge of Europe, with the risk to power supplies if the conflict escalates,...
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by Charles Purdy | Jan 25, 2022
So far this morning, yesterdays losses against EUR and USD have been slightly pared back, but the last fortnight’s fall has returned GBP/USD below its average for the past year. Yesterday’s flash reading for Markit PMI in January came in slightly under expectations at...
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by Charles Purdy | Jan 25, 2022
While Boris Johnson’s perilous premiership may be obsessing the British public and media, it’s European peace being on the line in the Ukraine that has sent stocks – and sterling – crashing at the start of this week. The issue is not just potential conflict, but also...
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