The pound was slightly weaker against the dollar yesterday but stable against the euro, as weak economic data failed to move sterling. Consumer price inflation fell to 1.5% year-on-year in October 2019 from 1.7% in the previous month…
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Poor economic data yesterday had little impact on the pound, as continued optimism over the election helped to keep the pound up against the euro. German GDP figures this morning also didn’t paint a rosy picture, showing a…
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The dollar strengthened yesterday on cautious optimism ahead of President Trump’s speech on trade. He was expected to announce a delay on EU auto tariffs and is also expected to comment on the progress of a ‘phase one’…
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It was a positive day for the eurozone yesterday, as economic sentiment figures came in much better than expected, almost 31 points above forecasts. However, in a reminder of the unpredictability of the currency markets, there was little…
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After reaching a six month high against the euro at the beginning of the week, the pound weakened slightly yesterday as the boost from the Brexit Party's announcement faded. The Brexit Party said that they would not contest…
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The pound is stable ahead of a day of important releases, including inflation figures and the retail price index. Meanwhile, optimism over a shrinking possibility of a hung parliament is helping to keep the pound up against the…
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A positive YouGov opinion poll for the Conservatives sent the pound up to its highest level since the spring yesterday. This was despite mixed results for jobs and wages. Average wages in the UK rose by 3.6% (a…
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The dollar weakened yesterday as trade uncertainties between the US and China continued. Following comments on Friday that he had not agreed to scrap tariffs on Chinese goods, despite reports that said otherwise, President Trump added that talks…
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