by Charles Purdy | Nov 24, 2021
Sterling weakened slightly against the euro yesterday, slipping from the highs seen at the beginning of this week. However, it has gained some ground this morning following better-than-expected PMI data yesterday, which showed that British businesses have experienced...
read more
by Charles Purdy | Nov 23, 2021
The US dollar was at its strongest against the pound since December 2020 and against the euro since July 2020 yesterday, on the promise of a more hawkish approach to interest rates from the Federal Reserve than might happen under a different chairman than Jerome...
read more
by Charles Purdy | Nov 23, 2021
Yesterday was a relatively quiet day for EUR/GBP, but the single currency swung by around 0.5% against the US dollar, ultimately winding up a little weaker than the start of the day and at a 20-month low. This morning Markit PMI for the eurozone’s two biggest...
read more
by Charles Purdy | Nov 23, 2021
In common with the euro, sterling lost around 0.5% against the US dollar yesterday following the reappointment of Jerome Powell. Against the euro sterling swung a little but ultimately stayed at 20-month highs. However, that has changed this morning, as PMI from the...
read more
by Charles Purdy | Nov 23, 2021
The pound stabilised against the euro yesterday, although it has already began to slip this morning as positive European PMI data has reached the markets, dropping below €1.19. The US dollar has strengthened against both GBP and EUR following the reappointment of...
read more
