A difficult day for sterling lies ahead | Smart Daily Currency Note
GBP/EUR – 1.1491 Consumer Price Index data from the UK, which gives an indication as to the current level of inflation, came in marginally worse than expected yesterday. This impacted on sterling’s...
View ArticleSterling benefits from BoE surprise | Smart Daily Currency Note
GBP/EUR – 1.1574 Sterling appreciated sharply yesterday morning in response to a double dose of positive data. The Monetary Policy Committee meeting minutes revealed a surprise 9-0 vote in favour of...
View ArticleAnother roller coaster week for sterling | Smart Daily Currency Note
Last week This week (GBP/EUR – 1.1591) GBP/EUR – 1.1591 Sterling had a roller coaster week dropping to a four month low against the euro and struggling against the dollar earlier...
View ArticleWill Sterling’s good run continue? | Smart Daily Currency Note
GBP/EUR – 1.1610 Sterling ended last week on a largely positive note having risen for four days straight against the US dollar and made notable gains against the euro. Sterling benefited from the...
View ArticleWill sterling benefit from the birth of a Royal baby? | Smart Daily Currency...
GBP/EUR – 1.1645 Even before the announcement of a new Royal baby and the third in line to the throne, Sterling continued its upward trajectory yesterday as hopes for a sustainable economic recovery in...
View ArticleSterling steady as we await UK Growth data tomorrow | Smart Daily Currency Note
GBP/EUR – 1.1642 Sterling traded within a narrower range yesterday as we saw a decrease in volatility across the currency markets. The pound has made reasonably consistent gains since last week’s...
View ArticleWill today’s Growth figures affect sterling? | Smart Daily Currency Note
GBP/EUR – 1.1614 Sterling showed signs of weakness yesterday morning but largely recovered during the afternoon, until it fell sharply against the US dollar in the evening. The weakness experienced...
View ArticleMixed fortunes for sterling | Smart Daily Currency Note
Last week This week (GBP/EUR – 1.1591) GBP/EUR – 1.1583 After maintaining an upward trajectory for most of last week, sterling experienced more mixed fortunes this week. The pound...
View ArticleEuro under pressure, no respite in sight
The euro had a difficult week losing nearly two cent against sterling and just under one cent against the US dollar. Following an address by Bank of England Governor (BoE) Mark Carney on Thursday...
View ArticleEuro continues to hold its own
With the week’s trading opening yesterday morning, growth concerns across the Eurozone continued to weigh on the single currency, which opened slightly down on last week’s subtle gains against the US...
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