GBP: Pound stronger against euro

The pound strengthened against the euro yesterday but was slightly weaker against the dollar. This sterling strength was largely to do with confirmation that the UK will be lifting all COVID-19 restrictions from next week, meaning that the economy should see a strong...


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Pound strong against euro after inflation data

The pound strengthened against the euro yesterday, buoyed by confirmation that the UK will be lifting most COVID-19 restrictions from July 19. It is still trading around three-month highs against the euro this morning but is weaker against the dollar. Inflation data...


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Inflation data drives sterling upwards

The pound to euro graph and the pound to US dollar graph have been heading in opposite directions for most of the past two months, but they’re united in heading upwards this morning as higher than expected UK inflation strengthens sterling. The result is GBP/EUR at...


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USD: US looks to inflation data today

The US dollar continued its month-long positive run against the euro yesterday, while remaining broadly stable against the pound. It is benefiting from increased worries about the Delta variant as well as the possibility that rising inflation will trigger an...


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