Pound suffering despite positive GDP figures

The pound is still weak against the euro and the dollar this morning. It continues to suffer due to worries of high inflation and economic stagnation amid the global energy crisis. Despite this, GDP growth for the second quarter of this year came in...


read more

The case for forward planning…

The pound fell by well over 1% yesterday, reaching its lowest level against the US dollar since the start of the year and against the euro for months, as the fuel crisis started to bite on the economy. That’s made a €175,000 property in Europe another £2,000 more...


read more

USD: Dollar benefits from rising treasury yields

The dollar strengthened against the pound and the euro yesterday due to a surge in US treasury yields. This surge has been caused by a ‘hawkish’ stance from the Federal Reserve, which said last week that it will likely begin reducing its monthly bond purchases as soon...


read more

EUR: Sentiment figures due today

The euro was stronger against the pound and weaker against the dollar yesterday, reaching its lowest level since November 2020. Several European Central Bank officials gave speeches yesterday, including President Christine Lagarde. She said that “monetary policy must...


read more