by Christopher Nye | Oct 25, 2021
The pound is still trading around strong levels against the euro and the dollar this morning ahead of a light week for economic data releases in the UK. Bank of England official, Silvana Tenreyro will speak later today and could build on comments made by new Chief...
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by Christopher Nye | Oct 25, 2021
The pound is strong against the euro and the dollar today ahead of the autumn Budget, which will take place on Wednesday. Chancellor Rishi Sunak is expected to reveal extra funding for the NHS, as well as plans to reduce greenhouse emissions and help to support...
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by Christopher Nye | Oct 25, 2021
The pound starts slightly on the backfoot this week, with a 0.5% drop against the euro compared to last Monday. It’s all relative though, and GBP/EUR remains very close to its strongest position since the Brexit referendum in 2016. The cause for that strength is...
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by Christopher Nye | Oct 22, 2021
The dollar has weakened slightly against the euro this morning but has made some gains against the pound. The greenback was relatively unaffected by yesterday’s mixed bag of data. After falling below 300,000 for the first time since before the pandemic last week,...
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by Christopher Nye | Oct 22, 2021
The euro has held onto its gains against the dollar this morning and has strengthened a little against the pound. Eurozone consumer confidence fell by 0.9 points in September, as persistent supply chain issues and rising energy costs take their toll on consumer mood....
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