The pound gained strongly against almost everything but the yen yesterday, including close to a percent on the US dollar, taking it to 2.25% gain over the course of April. Less spectacular against the euro, and we are…
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In early trading this morning the pound reached its best against the euro since last summer. It is also at a six-week high against the US dollar, after a day when central bankers and monetary policymakers were in…
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The pound is holding its nerve this morning ahead of a day that has been circled in red on currency traders' calendars for weeks. Both the Bank of England and the European Central Bank announce their rate decisions…
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Sterling has come into this morning’s decision in reasonable shape – broadly firm against the euro and well above where it started April against the dollar. The hold itself is a foregone conclusion; what moves markets is whether…
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The euro has barely flickered this week as markets wait for direction. The decision itself is all but certain to be a hold, but this morning’s flash inflation reading is expected to show eurozone consumer prices accelerating past…
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The dollar firmed overnight as markets absorbed the hawkish tone of the Federal Reserve’s split decision. Three committee members pushed to drop any language pointing toward future rate cuts – a meaningful signal that inflation is making the…
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It was a positive day for the pound yesterday which dodged a couple of potential risks. While it weakened initially against the euro, sterling then thought better of it, remaining at the upper reaches of where it has…
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While the King received a warm welcome in the US, should he have time for any shopping Charles will find the currency with his picture on it stretching close to 2% further than last month. Today could be…
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