by Christopher Nye | Jul 2, 2021
The euro is stronger against the pound but has lost some of its strength against the dollar this morning. President of the European Central Bank, Christine Lagarde, spoke yesterday about inflation in the eurozone. In her speech, Lagarde said, “We expect inflation in...
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by Christopher Nye | Jul 2, 2021
The pound is weaker against the dollar and is still struggling against the euro. Yesterday, sterling saw its lowest level against the greenback in almost 11 weeks. This weakness comes from the combination of dollar strength and a dovish speech from Bank of England...
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by Christopher Nye | Jul 2, 2021
The pound is weaker against the dollar and is still struggling against the euro after a dovish speech from Bank of England Governor, Andrew Bailey. Despite warnings from the Bank’s outgoing chief economist over rising inflation, Bailey defended his monetary policy...
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by Christopher Nye | Jul 2, 2021
The dollar has started the month strong against both the pound and the euro. The greenback saw a slight wobble against the euro yesterday after a mixed bag of data releases but has since recovered. Although initial jobless claims beat market expectations at 364k, ISM...
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by Christopher Nye | Jul 1, 2021
The dollar is strong against a basket of currencies this morning, continuing its strength from June’s Federal Reserve meeting. It was also given a boost yesterday after a positive Private Payrolls report. The data showed that private businesses in the US hired 692,000...
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