by Charles Purdy | May 25, 2022
The pound weakened against both the euro and the dollar yesterday after PMI data was released, which revealed that the UK manufacturing and services industries have fared worse-than-expected so far this month. The war in Ukraine, high inflation and supply chain...
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by Charles Purdy | May 25, 2022
It’s certainly been an interesting week for sterling so far, with a swing of nearly 2% against the euro varying the price of a €250,000 property on your favourite continental hotspot by around £3,600, just since Monday morning. You can imagine what that kind of...
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by Charles Purdy | May 24, 2022
The dollar is still struggling against the euro and the pound as positive risk sentiment continues to weigh on the American currency. President Joe Biden has warned Americans that the battle against rising inflation is “going to be a haul” and that rising prices are...
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by Charles Purdy | May 24, 2022
The euro has strengthened against most major currencies and is trading around monthly highs against the dollar after President of the European Central Bank President Christine Lagarde confirmed expectations of a July interest rate hike. Speaking yesterday, Lagarde...
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by Charles Purdy | May 24, 2022
The pound has weakened against the euro but is trading around a two-week high against the dollar this morning ahead of PMI figures. PMI figures – which indicate how the services and manufacturing industries are performing – are expected to decline in May. In other...
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