by Christopher Nye | Aug 4, 2021
The pound is trading around the same levels against the euro and the dollar this morning ahead of the Bank of England’s monetary policy meeting tomorrow. Experts say that the BoE will assess the UK’s employment situation before confirming the date for an interest rate...
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by Christopher Nye | Aug 4, 2021
The pound is still strong against both the euro and the dollar this morning, staying around the same levels as the markets look to the Bank of England’s monetary policy meeting tomorrow. BoE officials are expected to adopt a cautious tone at the meeting, but any...
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by Christopher Nye | Aug 3, 2021
The dollar had a bad day, falling against all major currencies and most of the smaller ones too. The Delta variant is continuing to weight heavily on the dollar, with new cases rising to 80,000 per day again. Yesterday’s manufacturing PMI data was mixed: better than...
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by Christopher Nye | Aug 3, 2021
The single currency remained stable against the US dollar yesterday while strengthening very slightly against GBP. On the week, EUR is around 0.5% stronger against both. Yesterday’s manufacturing PMI data showed a strong recovery across the Eurozone and in Germany in...
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by Christopher Nye | Aug 3, 2021
Sterling continues to bobble around the €1.17 and $1.39 level, failing to find a direction either way as the financial markets consider the data on the pandemic and the economy, and guess which way the Bank of England will move on interest rates. There are no data...
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