Daily update

Euro claims two-year high after bullish ECB meeting Those who bought the euro at the beginning of the week will be feeling smug this morning – the single cur... Read More >

Draghi's velvet tongue to be put to the test Today’s European Central Bank rate decision was pre-empted by a conference in Sintra, Portugal (quite a few week... Read More >

The Bank of England granted some reprieve As we pointed out earlier in the week, June saw more manageable energy prices and a somewhat stronger sterling. As ... Read More >

The last gasp of import-led price inflation? With sterling now buying just over 1.3 dollars at the time of writing, the GBP/USD rate is roughly flat year-on-... Read More >

Sterling goes from strength to strength The pound finished the week in a peculiarly strong position – GBP/USD sits comfortably above 1.30 and GBP/EUR above 1... Read More >

Good morning, Dollar stable as we wait on consumer prices Yesterday was the quietest day of the week so far with Fed Chair Yellen’s 2nd day of testimony s... Read More >

Good morning, Yellen admission of declining inflation in the US takes USD down Central banks were once again at the front and centre of movements in curre... Read More >

Good morning, Trump Jr tweets the latest hurdle for USD It is the nature of the current politics that it can barge into a trading day and start upsetting ... Read More >

Good morning, Waiting for a sign While larger macroeconomic forces are at play in the background and with the US jobs number behind us and the testimony o... Read More >

US jobs report gets a B+ Friday’s US jobs report was (as is often the case) a mixed bag. The headline firmly beat expectations, with 222,000 jobs added in Ju... Read More >