August 3rd, 2023
By Roseanne Bradley
The pound’s downward spiral continued yesterday and is currently 0.3% and 2.15% worse off against the euro and US dollar, respectively, since Monday. However, the Bank...
Read more
August 2nd, 2023
By Roseanne Bradley
The pound lost 0.45% and 0.80% against the euro and US dollar yesterday as UK recession fears remain ahead of the Bank of England’s (BoE’s) interest rate decision...
Read more
August 1st, 2023
By Alex Bennett
It was a mildly frantic end to the month for sterling against the euro, with the markets eyeing Thursday’s key interest rate decision from the Bank of England. The day...
Read more
July 31st, 2023
By Roseanne Bradley
After an exciting week of two interest rate hikes from the European Central Bank and the Federal Reserve, the pound starts this week 0.75% up on the euro. It remains...
Read more
July 28th, 2023
By Alex Bennett
Despite dropping ahead of the European Central Bank’s (ECB’s) interest rate decision, the pound ended Thursday largely unchanged against the euro. It is around 0.75% up...
Read more
July 27th, 2023
By Roseanne Bradley
Yesterday the Federal Reserve raised interest rates by 25 basis points to 5.5% in July from 5.25% in June. This is the highest rate since January 2001 and the 11th...
Read more