The dollar weakened further yesterday as President Trump indicated that he has no deadline to complete a trade deal with China. Speaking to reporters in London, he said, “I have no deadline. In some ways, I think it’s…
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Euro weakened against the pound yesterday, with optimism over the UK election helping to keep sterling strong. It was quite quiet for economic releases, although Eurozone PPI showed its steepest annual decrease since 2016. Meanwhile, the US has…
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Sterling rose to a six-week high yesterday on the latest polling data and better-than-expected construction PMI. The dollar’s weakness also gave the pound a chance to rally. This morning, sterling has reached a seven month high against the…
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Polls showing a widening lead gap between the Conservatives and Labour in the upcoming election helped to push the pound to a six-week high yesterday, also helped by strong construction figures. This morning, it has reached a seven…
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The pound is continuing to dance along at around its highest rate against the euro for the past three years. Indeed it’s rarely been above this rate consistently since just after the Brexit vote. It’s like the final…
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The dollar was strong against the pound but weak against the euro yesterday, as it responded to poor economic data and the latest wave of tariffs. America’s factory output contracted in November for the fourth straight month according…
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It was a relatively positive day for the euro yesterday, as it made gains on the back of a perceived increase in the probability of a hung parliament in the UK and a group of positive manufacturing data…
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Sterling dropped slightly against the euro yesterday as the possibility of a hung Parliament began to look more likely. The polls were showing that Conservative Party support was fairly static, whilst the Labour Party appeared to be moving…
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