Euro is up against the pound this morning, following German inflation figures, which came in at 1.7%, with a 0.1% rise year on year. Nonetheless, it’s not all positive, with German wholesale prices, which had been expected to…
Read more
›
The pound is looking weak against the dollar and choppy against the euro this morning. Sterling made some gains against the euro yesterday and earlier today, benefitting from the political tensions in Italy. However, Brexit uncertainty ensured that…
Read more
›
The pound has made some recovery from the lows of last week, but is still looking weak this morning while the markets await a number of important economic figures today. We will see unemployment data and productivity stats…
Read more
›
The dollar is strong against the euro and weak against the pound this morning, as the US-China trade war looks set to continue for a long while. President Donald Trump has said that he’s not ready to make…
Read more
›
It was a strong week for the euro against the pound last week, hitting almost two-year highs on Friday as the British economy showed further contraction. The single currency has dipped against the pound again this morning, although…
Read more
›
The pound is up against the dollar and the euro this morning, after falling to a two-year low on Friday. UK GDP data unexpectedly contracted by 0.2% in the second quarter of this year, causing sterling to weaken.…
Read more
›
After hitting two-year lows against the euro last week, sterling is up again this morning. Last week’s publication of figures showing an unexpected decline in UK GDP caught the markets by surprise, fuelling fears of a recession.
Read more
›
The big news on currencies right now is all in the Pacific, with threats of a currency war between China and the USA. The basics are this: the Chinese yuan has in the recent past always been below…
Read more
›
