by Christopher Nye | Aug 17, 2021
After strengthening against the dollar yesterday, the euro is slightly weaker this morning ahead of Eurozone economic data. Employment figures and GDP are expected later this morning. GDP is expected to show that the economy expanded by 2% on quarter in the three...
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by Christopher Nye | Aug 17, 2021
The pound is still fairly well supported against the euro and the dollar, following positive jobs data that was released for the UK this morning. According to the Office of National Statistics, UK’s unemployment rate has dipped to 4.7% between April and June from 4.8%...
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by Christopher Nye | Aug 17, 2021
Data released early this morning shows that the UK’s jobs market is improving, with job vacancies hitting a record high at 953,000 in May to July – 168,000 more than before the pandemic. The pound is still fairly well supported against the euro and dollar following...
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by Christopher Nye | Aug 16, 2021
The dollar is slightly weaker against a basket of currencies this morning as rising COVID-19 cases and poor consumer confidence data weigh on the greenback. At the end of last week, data showed that consumer confidence in the US slumped in August. This was the lowest...
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by Christopher Nye | Aug 16, 2021
The euro is stronger against the dollar this morning after a volatile week last week. GDP data for the Eurozone will be released on Tuesday, expected to show a 2% growth quarter-on-quarter, which would mean the Eurozone grew faster than the U.S. last quarter....
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