It’s been an expectedly choppy start to the week for the euro, with political news from the UK dominating the headlines. The single currency was given a boost yesterday by an unexpected improvement in investor sentiment, but there…
Read more
›
The pound retained its strength yesterday, hitting a 31-month high against the euro as a recent election poll showed an extended, 14-point lead for the Conservative Party. However, the rally had faded by the afternoon as another poll…
Read more
›
As we can expect, there’s a lot of volatility in the markets as we approach the election. Yesterday morning, the pound hit a 31-month high as a poll showed an extended Conservative lead, only for the rally to…
Read more
›
After performing poorly for five straight days, better-than-expected Non-Farm Payrolls boosted the dollar on Friday afternoon. It was up against both the pound and the euro as data showed the US economy created 266,000 Non-Farm Payroll jobs last…
Read more
›
The euro was weak against the dollar and the pound on Friday, as both sterling and the greenback ended the week on a high. German industrial production unexpectedly dropped by 1.7% month-on-month, missing expectations of a 0.1% growth.
Read more
›
Following a three day rally and reaching a 2.5 year high against the euro, the pound weakened slightly on Friday ahead of the live television debate between Jeremy Corbyn and Boris Johnson. Despite this, it stayed near previous…
Read more
›
We’re into the crunch period for the upcoming election, with just four days to go. The pound is strong this morning as the latest poll shows that the Conservative Party have extended their lead ahead of Labour.
Read more
›
The pound has gone marching up towards new highs against the euro in early trading this morning and could well, by the time you read this, be at its highest rate since the EU referendum. The first question…
Read more
›
