Category: Daily blog

Dollar gains some more ground

The dollar has built on its immediate post-Fed meeting gains, strengthening to almost $1.11 against the euro and to under $1.34 against the pound. This in turn leaves the euro-sterling exchange rate hovering just above  83p this morning European stocks advanced yesterday, by around half a percent, though they are under pressure this morning, while […]

Fed to raise interest rates ‘soon’

The dollar has gained ground following yesterday’s Fed meeting – at which the central bank confirmed that it would shortly begin raising interest rates – strengthening by around a cent against both the euro and sterling to $1.12 and $1.34 respectively, which leaves the single currency-pound exchange rate at about 83.5p US bond yields also […]

Euro a touch softer

The euro has lost a little ground against the dollar, dipping to just under $1.13, and against sterling, slipping to about 83.5p again, while the pound is holding its own against the US currency as it continues to trade at around $1.35 US stocks resumed their descent yesterday with the S&P 500 shedding almost 1.5%, […]

Sterling loses some ground

Sterling has lost ground against both the dollar and the euro, shedding almost a cent against the former to about $1.3475 and giving up half a penny or so against the latter to trade close to 84p, while the single currency continues to hover just above $1.13 against the dollar Equity markets remained on the […]

Dollar firmer

The euro and sterling lost ground against the dollar over the course of last week and kick off this week trading at around $1.13 and $1.3550 respectively, while the single currency-pound exchange rate continues to hover in and around 83.5p US stocks had a torrid time of it last week with the S&P 500 shedding […]

Euro steady

The euro is not much changed against the dollar and sterling this morning trading just above $1.13 and at around 83.5p respectively, while the pound has edged down to under $1.36 against the US currency Government bond yields in the core markets continue to edge lower as equity markets remain under pressure, with US 10-year […]

US stocks remain under pressure

There is not much change in the main currency pairs. The euro is trading at around $1.1350 against the dollar while sterling has nudged back up above $1.36 against the US currency, which in turn leaves the euro-pound exchange rate hovering just below 83.5p US equity markets remained under pressure yesterday as the main indices […]

Dollar gains ground

The euro and sterling have both lost the best part of a cent against the dollar – which is being supported by higher US bond yields – to trade close to $1.13 and just below $1.36 respectively this morning, leaving the single currency-pound exchange rate hovering just below 83.5p US government 10-year bond yields have […]

Bond yields higher

The euro and sterling have both slipped back a little further against the dollar to trade just below $1.14 and a touch above $1.36 respectively this morning, leaving the single currency-pound exchange rate largely unchanged yet again at about 83.5p US government 10-year bond yields have headed higher and are currently trading at 1.83%, while […]

Dollar a touch firmer

The dollar is a little firmer this morning having regained about a half a cent against both the euro and sterling to trade close to $1.14 and back below $1.37 respectively, leaving the single currency-pound exchange rate still trading at about 83.5p Government bond yields reversed course on Friday with US 10-year year yields rising […]