Author: Patrick Mullane

Ireland Infographic – October 2023

Irish GDP forecast to increase by 1.0% this year and by 4.0% next year. Download the Ireland infographic here: Bank of Ireland Ireland Infographic October 2023

Ireland Outlook – October 2023

More moderate growth ahead Read the Ireland Outlook in full here: Bank of Ireland Ireland Outlook October 2023

UK Infographic – October 2023

GDP forecast to grow by 0.5% this year and by 0.7% in 2024 Download the UK infographic here: Bank of Ireland UK Infographic October 2023  

UK Outlook – October 2023

Subdued growth, rising geopolitical risks Download the UK Outlook in full here: Bank of Ireland UK Outlook October 2023

Dollar edging lower

The dollar continues to edge down, with the US currency weakening to around $1.0630 to the euro and to over $1.23 to sterling, leaving EUR/£ broadly unchanged at 86.3p. Despite continued geopolitical turmoil, markets remained in a fairly positive mood with US equities gaining – S&P 500 finishing up for a fourth consecutive day –  […]

All eyes on ECB today

The euro is very little changed against the dollar and sterling this morning, ahead of  today’s ECB meeting, trading at around $1.0740 and 86p respectively. The pound dipped briefly against the dollar yesterday morning following weak UK July GDP data but recovered during the day to be little changed at about $1.25 now. In government […]

Volatile end/start of week for dollar

It was a volatile day on Friday for the dollar. Its recent rally ran out of steam and it lost ground against both the euro and sterling, back to circa. $1.0740 and over $1.25. However, very late on, the greenback surged back and retook all of its losses and ended the week at $1.07 and […]

Weekly Round Up – 08.09.2023

This week’s highlights: FX Market: US dollar gains; Equities pull back; US Beige Book reports modest growth; Irish inflation, CPI @ 6.3% in August. Read in full: Weekly Round Up September 8 2023

Euro holding up

The euro did slip slightly, to below $1.07 to the dollar, for a time yesterday but regained some ground overnight and is holding steady just above that level this morning. The dollar has made steady gains this week and sterling also fell a touch further against the US currency yesterday, and is now trading around […]

Euro holds above $1.07

The dollar’s recent rally slowed somewhat yesterday with the euro managing to hold the line just above $1.07 for now but against sterling, the dollar did manage to get down to break through $1.25, and remains around that level this morning. As a result, the Euro did move up a notch versus sterling and kicks […]