The pound ended the week up on continued electoral optimism and it is strong this morning against the euro and dollar. This comes as election campaigning steps up and the Brexit Party stood down its candidates from 43…
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The pound has a spring in its step this Monday morning, merrily bounding up to a six-month high of over €1.17 and very nearly half a cent against the USD. This boost follows a slow but steady rise…
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Concerns over whether the US and China will reach a 'phase one' deal before the next wave of tariffs kick in has caused the dollar to weaken. The US and China are due to hold a teleconference today.…
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It was a positive day for the euro yesterday, as figures showed the Eurozone is still sustaining (slight) growth, with year on year GDP figures keeping at 1.2%, instead of the projected decrease to 1.1%. Industrial production also…
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Sterling reached a six month high against the euro yesterday and also rose against the dollar. This is due to the continued optimism for a Conservative majority, which is thought to end the Brexit impasse and therefore be…
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Poor retail sales did little to push the pound downwards, with continued optimism over the upcoming general election helping to keep it above the euro, despite positive news from the eurozone. German GDP figures showed unexpected growth, meaning…
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The dollar was mostly unmoved yesterday following the release of prepared remarks from Federal Reserve Chairman Jerome Powell. He said, “We see the current stance of monetary policy as likely to remain appropriate as long as incoming information…
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German GDP figures show that the country has avoided a recession, coming in at 0.1% verses the -0.1% that was expected. Year-on-year, the figure came in as predicted at 0.5%, showing very slight growth. Later today, we will…
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