It was an eventful week last week for the pound, after it hit a 3.5-year high earlier in the week. Poor data from the eurozone, with growth disappointing and forecasts predicting little change, also helped the pound, as…
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The pound rose to a level tantalisingly close to its highest since the referendum last week. The main reason for that seems to be the arrival of a new Chancellor, Rishi Sunak, who is widely expected to act…
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The dollar is weak against the pound and strong against the euro today, as the euro suffers from poor economic data and coronavirus news. It’s thought that the US is expected to weather the impacts of the virus…
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Euro dropped to a 3.5-year low against sterling yesterday, after a week of poor economic performance for the eurozone, particularly German industrial production. December saw the biggest drop in German industrial production since the global financial crisis a…
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The pound strengthened to a three and a half year high against the euro yesterday after Sajid Javid resigned as Chancellor of the Exchequer. It’s thought that sterling’s lift was due to increased expectations of a looser fiscal…
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The pound hit a 3.5-year high yesterday, buoyed by better-than-expected yearly GDP figures and a series of poor data releases from the Eurozone. The resignation of Sajid Javid has also helped the markets, with some expecting looser fiscal…
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The dollar was weaker against the pound but strong against the euro yesterday, as coronavirus news continues to make an impact. Today, we’ll see a series of important economic data for the US. Inflation rate is expected to…
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The euro is weaker today due to a number of factors, including hints that the ECB may cut interest rates this year. President Christine Lagarde has renewed her calls for government spending to help tackle the Eurozone’s slowdown.
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