The dollar edged lower yesterday, as China's response coronavirus caused safe-haven currencies to slip. Despite more than 470 cases and fears of global contagion, the swift response from China has helped to reassure investors. The greenback is slightly…
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Euro is down against the pound this morning, after the latter strengthened on strong business optimism figures and a decreasing likelihood of a rate cut. The European Central Bank will likely leave interest rates unchanged at its meeting…
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The pound was strong against both the euro and the dollar yesterday, as a series of positive data releases reduced the likelihood of an interest rate cut by the Bank of England next week. Following positive jobs data…
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The pound was buoyed yesterday as positive data releases, including the largest swing on record in business optimism, helped to make an interest rate cut seem less probable. Rates will still be in the news today, with the…
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The dollar weakened yesterday against the euro and the pound, as both currencies strengthened. However, the greenback is stronger this morning. Reassuring comments from Chinese Health Officials have eased worries about a possible global pandemic. Despite this, the…
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The euro has started the day relatively stable against the pound, as the markets await tomorrow’s interest rate decision. Yesterday saw a significant decline in Spanish industrial orders, but little movement on the back of this, as there…
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Sterling strengthened yesterday after positive employment figures were released and is still strong against the euro this morning. The reading showed that the number of people in employment rose by 208,000 to 32.9million in the three months to…
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Strong employment figures gave the pound a lift yesterday, as in-work figures rose by 208,000 in the three months to November. The eurozone also had some good data releases, and economic sentiment came in much better than expected.…
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