by Christopher Nye | Aug 9, 2021
The euro is weaker against the pound and the dollar this morning due to strength from sterling and the greenback. Germany’s balance of trade figures was released earlier today, showing that the trade surplus widened to €16.3 billion in June 2021, from €15.4 billion in...
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by Christopher Nye | Aug 9, 2021
The pound is near an 18-month high against the euro this morning and is strong against the dollar, following the Bank of England’s latest monetary policy meeting last week. The Bank said it was likely to raise interest rates in 2022, two years ahead of current...
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by Christopher Nye | Aug 9, 2021
The pound is strong against the euro this morning as it continued to strengthen following the Bank of England’s monetary policy meeting last week, when officials said that they are likely to hike interest rates ahead of schedule. Scotland has loosened most of its...
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by Christopher Nye | Aug 9, 2021
The pound starts the week in an exciting position, trading around an 18-month high against the euro. After strong gains at the end of last week, sterling briefly breached the 1.1800 mark this morning and has strengthened against the dollar. So what’s driving...
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by Christopher Nye | Aug 6, 2021
The euro hit four-month lows against the pound yesterday and is still struggling against the dollar as eurozone PMIs disappointed markets and hawkish comments from the Federal Reserve benefit the greenback. In its economic bulletin, the European Central Bank suggested...
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