by Charles Purdy | May 13, 2022
The pound saw a significant boost against the euro over the course of yesterday after Russia announced it was sanctioning several European energy companies. Among the 31 companies sanctioned was a key Polish pipeline that supplies much of Europe’s gas. This news saw...
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by Charles Purdy | May 13, 2022
The dollar has strengthened by over 1% against the euro after the single currency was hit hard by Russia’s latest sanctions. PPI figures for the US rose by 0.5% in April. This was a smaller rise than in March but was in line with expectations. Initial jobless claims...
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by Charles Purdy | May 12, 2022
The euro strengthened against the pound yesterday and is trading around similar levels today. Against the dollar, however, the single currency is trading around its lowest level since early 2017. Speaking yesterday in Slovenia, European Central Bank President...
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by Charles Purdy | May 12, 2022
The pound has weakened against the euro and is trading around fresh two-year lows against the dollar following disappointing UK GDP figures. After flatlining in February, the UK economy shrank by 0.1% in March as the rising cost of living forced consumers to cut back...
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by Charles Purdy | May 12, 2022
The pound has weakened against the euro and is trading around fresh two-year lows against the dollar following disappointing UK GDP figures. The UK economy shrank by 0.1% in March, a larger decline than expected, as the rising cost of living takes its toll on consumer...
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