The pound saw 0.5% losses against the euro on Tuesday, though it remained slightly ahead of the dollar. With unemployment and inflation levels remaining at 4.7% and 3.8% respectively, the Bank is likely to hold interest rates when…
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Tuesday proved a strong day for the euro, seeing the currency gain more than 0.6% on the dollar and 0.5% on the pound. The dollar’s decline is likely led by the market’s anticipation of the US Federal Reserve’s…
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Sterling marched up the hill and then down again over the course of yesterday against the euro, ultimately going nowhere. After earnings and employment data today, tomorrow it’s the turn of inflation, with all that means for the…
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Movements among most euro currency pairs were measured in the hundredths of a percent yesterday. Will anything spur the markets today? The ZEW Economic Sentiment Index, out shortly, just might.
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It was all downhill once again for the dollar yesterday, hitting a six-week low against the pound and continuing to bump along at four-year lows against the euro. It’s all about the now nailed-on interest rate cut from…
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Economic data continues to dominate the currency markets in a week with two interest rate decisions – from the Bank of England (BoE) and the US Federal Reserve (“The Fed”). Yesterday the pound hit its best against the…
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The start of a pivotal week for the pound and US dollar has started very much in sterling’s favour. It gained 0.25% in early trading against the US dollar and wasn’t too far behind that against the euro.…
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The euro and US dollar are fighting it out for title of worst-performing currency right now. With the most eagerly awaited Federal Reserve interest rate decision for a long while on Wednesday, it could be a week to…
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