After a week of disappointing data releases failing to hit forecasts, Friday ended on a positive note with German and Eurozone manufacturing PMI coming in better than expected. It’s certainly a good sign for what is one of…
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After a weak start to the day, the pound recovered in the afternoon on Friday, boosted by positive PMI data. Manufacturing grew at its fastest pace in 10 months in February, coming in at 52.8 and beating expectations…
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The pound has started this week in a strong position, after a largely good week tempered by a slightly drop towards the end. Positive data releases – and poor figures from the Eurozone – have helped to keep…
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The pound faces an interesting week against the euro, with competing influences including our old friend “Brexit talks” but also the coronavirus – or as we should probably call it, Covid-19. The reassuring presence of the English Channel…
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The dollar went from strength to strength yesterday, rising against major currencies. Coronavirus worries have sustained its safe-haven appeal and a strong US economy has also helped the greenback. The US economy is thought to be more resilient…
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The euro gained ground against the pound yesterday, although it is still lower than the beginning of this month. After a week of data missing expectations, German consumer confidence came in as forecast, although still low. The ECB…
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Despite positive data releases yesterday, the pound was weak against both the euro and dollar. Sterling particularly struggled against the greenback, which rose against a basket of currencies. This morning, the pound is still weaker against the dollar…
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Good retail sales data yesterday failed to give sterling a boost after its highs earlier in the week, with the euro slightly gaining ground yesterday afternoon. The ECB’s meeting notes showed expectations of ‘positive but modest’ growth, despite…
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