by Charles Purdy | Dec 14, 2021
The single currency flip-flopped against both GBP and USD yesterday but remains stronger on the week against all major currencies. Problems for the euro include the opposing strategies from the European Central Bank (ECB) and the Federal Reserve in the US on interest...
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by Charles Purdy | Dec 14, 2021
Sterling remains finely balanced this morning, having strengthened very marginally in the past 24 hours against NZD, CAD and USD, but slipped against NOK, SEK and the euro. These are tight margins, however, after a week of small falls, all under 0.5%, against our main...
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by Charles Purdy | Dec 14, 2021
Sterling strengthened briefly against the euro yesterday morning but returned to Friday’s level by the end of the day. The direction of travel was mainly downwards for GBP/USD and the pound was roughly 0.5% down on the day. It’s an exceptionally busy week for data,...
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by Charles Purdy | Dec 13, 2021
Sterling starts the week exactly where it began last Monday against both the euro and US dollar. Which, considering the week we’ve just had in politics and the Covid-19 saga you might think isn’t too bad. Indeed, GBP/EUR is also precisely where it was a month ago,...
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by Charles Purdy | Dec 13, 2021
The dollar is slightly stronger against a basket of currencies this morning ahead of the Federal Reserve’s monetary policy meeting this week. The Federal Reserve’s two-day meeting will conclude with a press conference on Wednesday. Officials are widely expected to...
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