Author: Samuel Birnie
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US Dollar drops as service sector activity slows Daily Update
March 6 2024Pound (GBP) rallies despite weaker PMI The Pound (GBP) faced a muted morning yesterday after the UK’s final services PMI was revised lower to show … read more
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Pound gains as Chancellor hints at growth-boosting Spring Budget Daily Update
March 5 2024Pound (GBP) firms following investment announcement The Pound (GBP) found success during yesterday’s session, as Chancellor Jeremy Hunt trailed … read more
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Euro climbs as Eurozone inflation beats forecasts Daily Update
March 4 2024Pound (GBP) wavers amid market volatility The Pound (GBP) fluctuated on Friday as the UK currency found itself exposed to market volatility The … read more
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US Dollar wavers higher amid signs of sticky inflation Daily Update
March 1 2024Pound (GBP) wavers lower amid lack of data The Pound (GBP) faced choppy trade yesterday as a lack of UK economic data left Sterling vulnerable to … read more
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US Dollar rises as risk sentiment sours Daily Update
February 29 2024Pound (GBP) mixed amid souring market mood The Pound (GBP) traded without a clear direction on Wednesday as a gloomy market mood saw the … read more
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Pound Euro exchange rate wavers amid choppy market mood Euro (EUR) GBP to EUR Pound Sterling (GBP)
February 28 2024Pound Euro (GBP/EUR) exchange rate wobbles amid uncertain trading conditions The Pound Euro (GBP/EUR) exchange rate is fluctuating in a narrow range … read more
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US Dollar propped up by cautious trade Daily Update
Pound (GBP) muted amid lack of data The Pound (GBP) traded without a clear direction yesterday, as a lack of UK economic data left the currency … read more
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Euro climbs following comments from ECB’s Lagarde Daily Update
February 27 2024Euro (EUR) rises on ECB comments The Euro (EUR) climbed higher yesterday as the currency benefitted from its strong negative correlation with a … read more
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Pound rises amid positive UK cost-of-living news Daily Update
February 26 2024Pound (GBP) climbs as cost-of-living crisis eases The Pound (GBP) found success on Friday amid renewed hope around the future of the UK … read more
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US Dollar bounces off multi-week lows in wake of Fed minutes Daily Update
February 23 2024Pound (GBP) fluctuates despite strong PMI results The Pound (GBP) was volatile yesterday, despite the UK’s services PMI beating … read more