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Euro strength dissipates along with hopes of peace

Sterling climbed sharply against the euro yesterday, while oscillating between fairly tight margins against the US dollar. It was a quiet start of the week for data in the UK, but a report from PwC found that the mood about finances has turned sharply negative among...


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USD: FOMC meeting minutes on Wednesday

The dollar strengthened on Friday and is trading around the same levels this morning following a positive Non-Farm Payrolls report. The report showed that the US economy added 431,000 payrolls in March, below market forecasts of 490,000, but still pointing to a tight...


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GBP: UK consumer confidence low

The pound is still looking stronger against the euro this morning after strengthening at the end of last week. This was due to better-than-expected UK GDP data, as well as concerns over poor eurozone data and Russian gas weighing on the euro. Data released this...


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Pound stronger due to potential sanctions

The pound is stronger against the euro this morning. This is largely due to the possibility that the EU will increase its sanctions on Russia this week, which is weighing on the single currency. Both the French President and the German Defence Minister have called for...


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