Stale news for sterling?
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After some welcome gains on Monday, yesterday saw both the GBP/EUR rate and GBP/USD rate lose traction somewhat. The latter regained most of ... Read More >
Daily update
Daily Update
Busy day for data
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The US Consumer Price Index takes front and centre in today’s packed economic calendar. After the sharp drop seen in March 2020, analysts exp... Read More >
The rebound?
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The pound has started the week on the front foot, in stark contrast to last week’s turn of events. After topping the charts at a new high of 1.... Read More >
Vaccine woes halt GBP
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The pound continued to fall throughout yesterday making it two days in a row, falling to a low of 1.1551 against the EUR and 1.3726 against USD... Read More >
The Pound falls back of 13 month EUR highs
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The pound came tumbling back after hitting fresh 13-month highs against the EUR yesterday where it breached the 1.1800 level. Initially buoyed ... Read More >
US creates jobs
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Whilst most were off for Good Friday Bank holiday in the UK, the US released some key jobs data. The figures showed the US economy created more... Read More >
Dollar Dominates Headlines
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The greenback dominated headlines yesterday with both the ADP non farm payroll figure and also President Biden speaking on his economic vision ... Read More >
Euro continues to struggle
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Sterling remains supported in the markets after Prime Minister Boris Johnson again reiterated that the plan remains to lift all restrictions wi... Read More >
Vaccine news provides a booster jab for GBP
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Last week saw a dip in sterling strength, following concerns of The UK’s ability to maintain its vaccine roll out plans. GBP found some relief ... Read More >
A mixed start
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The pound has had a mixed morning so far, gaining against the weak euro but struggling to find ground against the stronger US dollar. The euro ... Read More >