November 8th, 2023
By Roseanne Bradley
The pound lost 0.25% and 0.80% yesterday against the euro and US dollar, respectively, as economic data boosted the greenback. Huw Pill, chief economist at the Bank of...
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November 7th, 2023
By Christopher Nye
Following its strong recovery in the latter part of last week, sterling failed to build on those gains yesterday and weakened against both the euro and US dollar. With...
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November 6th, 2023
By Roseanne Bradley
After surging to a two-week high on Friday, the pound remains strong against the euro this morning and is currently 0.62% higher than last Monday. Against the US...
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November 3rd, 2023
By Christopher Nye
Yesterday there was little reaction in the markets to the unsurprising news that the Bank of Engand (BoE) was holding interest rates at 5.25%. It followed the European...
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November 2nd, 2023
By Roseanne Bradley
The Federal Reserve held interest rates at a 22-year high of 5.25-5.5% for the second consecutive month yesterday. Policymakers remain data-dependent but are leaving...
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November 1st, 2023
By Roseanne Bradley
The pound-to-euro rate slid to its lowest level in five months yesterday as eurozone inflation declined more than expected to 2.9% in October. The markets had forecast...
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