by Christopher Nye | Oct 20, 2021
The pound is still strong against both the euro and the dollar. Despite lower than expected inflation figures released this morning, inflation remains above the Bank of England’s 2% target and is predicted to rise in the coming months. It is still, therefore,...
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by Christopher Nye | Oct 19, 2021
The dollar slipped severely against the euro yesterday, and marginally against the pound. Continuing falls against the pound however have led USD/GBP to its lowest point for a month. Industrial production figures for September were very disappointing yesterday,...
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by Christopher Nye | Oct 19, 2021
The euro strengthened by well over 0.5% yesterday against the US dollar to its highest point this month. Against the pound, following a week of losses that saw it fall to its weakest for 19 months, the euro strengthened steadily throughout the day. However, it is...
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by Christopher Nye | Oct 19, 2021
After a weekend of hints on interest rates that saw sterling soar, the pound gradually lost strength over the day against the euro. Against the US dollar, however the direction remains positive, with a swing of around 3% on the lows of late September. The big data...
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by Christopher Nye | Oct 19, 2021
Following the excitement of sterling breaking multi-month records early on Monday against the euro, the pound weakened a little yesterday but remains above the €1.18 level. A different story for GBP/USD, however, with the pound continuing to build. It has now...
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