The dollar is looking strong this morning, and is up against both the pound and the euro. This comes after Treasury Secretary, Steven Mnuchin told reporters that the US benefits from the greenback’s standing as the world’s reserve…
Read more
›
The euro is choppy against the pound this morning, as the markets await the outcome from the ECB’s interest rate decision this afternoon. There aren’t expected to be any changes now, but they are expected to signal a…
Read more
›
After an uptick yesterday, the pound is looking weak against the dollar this morning and strong against the euro. This comes after Johnson’s seemingly ruthless sacking of ministers when appointing his new cabinet, which sent a strong message…
Read more
›
Following an uptick yesterday, the pound is strong again this morning as Boris Johnson takes up office. Following a sweeping cabinet reshuffle, with Brexiteers appointed to most major posts, the markets have perhaps a mixture of worries over…
Read more
›
The dollar is looking choppy this morning against both the euro and the dollar. A series of flash PMI data will be released for the US today, ahead of GDP data on Friday. The greenback rose to a…
Read more
›
Euro is down against the pound this morning, as German manufacturing PMI figures came in two points below expectations – and at a worrying seven-year low. Likewise, EU manufacturing PMI came in one point below. With German figures…
Read more
›
Yesterday, Boris Johnson was announced as our new Prime Minister. The pound had a brief uplift as a result, before falling back to a weak position against the dollar. Sterling is mixed this morning.
Read more
›
The announcement of Boris Johnson as the UK’s new Prime Minister provoked a mixed reaction in the pound, but the overall trend over the last twelve hours has been a slight uptick. Further volatility is expected as Johnson…
Read more
›