by Christopher Nye | Jun 17, 2021
The pound is strong against the euro this morning but weaker against the dollar, mostly due to a stronger greenback. Sterling found some strength after yesterday morning’s inflation data, which was higher than expected and above the Bank of England’s 2% target. In the...
read more
by Christopher Nye | Jun 17, 2021
The pound is strong against the euro this morning, reaching a 10-week high as yesterday’s better-than-expected inflation data gave sterling a boost. It’s a different story against the dollar, however, which has strengthened against both the pound and the euro. This...
read more
by Christopher Nye | Jun 16, 2021
All eyes will be on the Federal Reserve’s press conference later today. The dollar index, which tracks the currency against six others, reached a one-month high yesterday, but has slipped slightly this morning. The press conference concludes the Federal Reserve’s...
read more
by Christopher Nye | Jun 16, 2021
The euro is well supported against the dollar ahead of the Federal Reserve’s press conference later today. Eurozone balance of trade figures were released yesterday, showing that the trade surplus widened to €10.9 billion in April 2021, from €2.3 billion in the same...
read more
by Christopher Nye | Jun 16, 2021
The pound has strengthened against the euro and the dollar following better-than-expected inflation figures, which were released this morning. The consumer price inflation rate in the UK climbed to 2.1% year-on-year in May, beating expectations of 1.8%. This was the...
read more
