Trade war uncertainty, poor data and a strong pound weighed on the dollar yesterday. The greenback is still down against the euro this morning. Figures showed that the trade deficit narrowed to $47.2 billion in October of 2019…
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Euro had a choppy day against the pound yesterday, weaker on the back of UK optimism over the election. Meanwhile, the EU is preparing for post-January trade talks, if Boris Johnson’s deal does pass, with a leaked document…
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The pound continued to perform well against both the euro and the dollar yesterday on the back of recent polling data, which predicts a Conservative majority. It surpassed significant levels, and it’s thought that it could rise further…
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Sterling was strong against the euro yesterday, hitting a 2.5-year high earlier this week on the back of predictions of a Conservative majority in the upcoming election. However, it is slightly weaker against the euro and dollar this…
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The pound rose to a two-and-a-half year high against the euro yesterday, as recent polls indicate that a Conservative majority is the most likely outcome of the general election. This is positive for sterling because the uncertainty of…
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The dollar weakened further yesterday following the release of US private sector job growth data, which unexpectedly showed that private sector hiring slowed to its weakest pace in six months. The ISM non-manufacturing figure also fell to 53.9…
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Euro hit a 2.5-year low against the pound yesterday, put under pressure by positivity in the UK over the upcoming election. There was a mixed bag of releases yesterday morning, with Italian services showing a larger-than-expected drop, although…
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Sterling hit a 2.5-year high against the euro yesterday, buoyed by positivity from recent polls that a Conservative majority is likely, meaning that the uncertainty of a hung parliament will be avoided. Today, the markets will be looking…
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