German election and risk sentiment pressure the EUR
Good morning,
Yesterday saw the release of US import price data at 13:30, showing that import prices had dropped by 0.3% last month. This coupled with the sl... Read More >
Niki Sehmbi
UK labour market holds strong
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The UK labour market had some good news yesterday with UK full-time employment back to pre-pandemic levels. Figures released by the ONS show un... Read More >
GBP finds its legs
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The British pound has started this week with a renewed demand, pushing up to multiple daily and weekly highs against EUR, which some market a... Read More >
A sterling revival?
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The pound has started the week on the front foot against the euro, where we are into the fourth consecutive day of positive gains. Currently ju... Read More >
The pound pops
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The pound jumped against both the euro and dollar yesterday, in a surprising move which has seen both pairs gain around the 0.8% mark. The Euro... Read More >
ECB to compound pound further?
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Lunchtime today will see the ECB announce their update to policy for the coming months which will have an influence on the price action for GBP... Read More >
Tax hike puts pound under pressure
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Yesterday, Boris Johnson announced a new health and social care tax to pay for reforms to the care sector and NHS funding in England. Its main ... Read More >
More of the same
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Another quiet day yesterday saw the pound flicker in a narrow trading range, continuing where it left off from the tail end of last week. As me... Read More >
A busy week on the calendar
Good afternoon,
The GBP markets have opened relatively unchanged since Friday's closed. At the time of writing, GBP is trading at 1.3845 against USD and 1.16... Read More >
US labour market data in focus
Good morning,
Yesterday, US initial claims for unemployment benefits printed at 340,000 against the previous 354k. Nevertheless, the market did not react to ... Read More >
