Euro is down against the pound, after Italian industrial production showed a much sharper decline than expected yesterday morning. Industrial output year-on-year also showed its first contraction since 2014.
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After starting the day in a weaker position, sterling strengthened in the afternoon yesterday, recovering from a two and a half low against the dollar. After a downturn last week due to trade talk tensions between the UK…
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The pound was up against the euro yesterday afternoon, despite ongoing worries over the upcoming trade talks with the EU. Reports emerging at the weekend claim that fisheries will prove to be a major stumbling block, with a…
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Non-farm payrolls came in better than expected on Friday at 225,000, above predictions of 160,000. Despite this, the dollar’s reaction was fairly brief, as average hourly earnings figures read at 0.2%, below the expected 0.3%. Unemployment rate also…
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The euro has started the week slightly up against the pound, despite a less positive finish to last week. German and French industrial production declined more than expected. This morning is light on data, as is tomorrow, although…
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The pound is weaker against the euro and the dollar this morning as reports over the weekend suggest that the EU are hardening their demands for unaltered access to UK fishing waters following Brexit. The UK, however, are…
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After a choppy week, the pound is up against a weaker euro this morning, following poor industrial figures from Germany and France. This week will be busy for sterling, with GDP growth figures and industrial production tomorrow, as…
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The pound is in for another stormy few days early this week, after it dropped around a percentage point against the euro last week and 2% against the US dollar. On Tuesday we will see those losses either…
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