The dollar is weak against the euro and strong against the pound this morning. Markets look towards the first in a series of speeches from Federal Reserve Chairman Jerome Powell, whose comments may determine if there will be…
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Euro is up against a weakened pound this morning, as Brexit uncertainty continues to weigh it down. French industrial figures came in much better than forecast this morning, providing an unexpected boost, at 2.1% instead of 0.2%.
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The pound is heading for two-year lows this morning and was close to its lowest level since April 2017 yesterday. This comes due to expectations of a no-deal Brexit and poor retail data, reaffirming the woes of the…
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The pound is still around two-year lows, having hit its lowest level since April 2017 yesterday. Worries of a no-deal Brexit becoming more likely – and not assuaged by the BBC’s leadership debate – and poor retail data…
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The pound took a fresh half-cent tumble yesterday, with economic news doing the damage for a change. Poor retail sales data reinforced the point made by Bank of England governor Mark Carney that an interest rate cut may…
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The dollar remains strong against both the pound and the euro this morning, ahead of a series of speeches by Federal Reserve Chairman, Jerome Powell. After positive Non-Farm Payroll data last week, it is difficult to predict what…
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European leaders are being urged to take action to boost the eurozone’s economy. The European Fiscal Board has called for countries to ‘use at least part of their available fiscal space in 2020…to increase spending on investment and…
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The pound is hovering at six-month lows against the dollar this morning, and is still struggling to make any gains. Aside from the flash drop from January, this is now the lowest sterling has been in some time,…
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