by Christopher Nye | Jan 14, 2022
The pound remains strong against the euro and the dollar this morning. The UK economy has recovered to its pre-pandemic level after strong growth in November. This is a major achievement in the recovery from the pandemic, however, the economic impacts of the Omicron...
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by Christopher Nye | Jan 14, 2022
The dollar is still struggling against the pound and the euro this morning following Wednesday’s inflation figures. Yesterday’s data releases also failed to provide much support. Initial jobless claims figures were worse than expected, rising to 230k from 207k....
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by Charles Purdy | Jan 13, 2022
The dollar has weakened this morning following the release of US inflation data yesterday. Despite inflation coming in as expected, it did not exceed expectations. The markets had priced this in and so the greenback has weakened. Inflation came in at 7% year-on-year...
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by Charles Purdy | Jan 13, 2022
The euro is stronger against the dollar this morning, reaching its highest level since November. The eurozone’s high inflation figure, which was released last week, is offering support to the single currency due to increasing expectations that the European Central...
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by Charles Purdy | Jan 13, 2022
The pound is still strong against the euro and dollar this morning, so far proving resilient against the political unrest in the UK. This is a sign that the market thinks the possibility of Boris Johnson resigning is low, despite senior Conservative MPs calling for...
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