Category: Daily blog

ECB and BoE hike again

The euro and sterling have lost ground against the dollar notwithstanding another round of 50bps increases in interest rates from both the ECB and Bank of England (BoE) yesterday, weakening to just under $1.09 and and a touch below $1.22 respectively. This in turn sees the single currency-pound exchange rate trading at almost 89.5p this […]

Dollar on the back foot

The dollar is on the back foot following yesterday’s Fed meeting in the US, weakening to $1.10 against the euro and to almost $1.24 against sterling. The single currency has also gained ground against the pound, trading close to 89p this morning In government bond markets, US 10-year yields have fall post the Fed meeting, […]

Euro makes gains

The euro has gained some ground against the dollar getting back up to $1.0875; the single currency had lost out early yesterday and nearly broke down through $1.08 but recovered, taking back more than the 1/2 cent it had lost. It fared well against sterling rising back above 88p. The euro’s gains come ahead of […]

Dollar up a touch

The euro and sterling are very slightly lower against the dollar this morning trading at under $1.0850 (having been above $1.09 for a time) and $1.2350 respectively, leaving the single currency just below 88p against the pound US Government bond 10-year yields are largely unchanged at circa 3.50% while equivalent German yields rose a little […]

Central banks take centre stage

The euro and sterling closed out Friday both largely unchanged on the week against the dollar and kick off this week trading at around $1.0850 and just shy of $1.24 respectively. This in turn sees the single currency-pound exchange rate trading a touch below 88p at the off this morning In government bond markets, both […]

US economy expands in Q4

The euro and sterling have both slipped against the dollar to trade just below $1.09 and a touch under $1.24 respectively this morning, with the single currency-pound exchange rate trading at about 88p Government bond yields are higher this morning – US and German 10-year yields are up to 3.55% and 2.25% respectively and equivalent […]

Dollar loses ground

The euro and sterling are both on the front foot against the dollar this morning strengthening to over $1.09 and north of $1.24 respectively, leaving the single currency-pound exchange rate still hovering just below 88p In government bond markets, German and UK 10-year yields are marginally higher today at about 2.15% and 3.25% respectively, while […]

Bond yields retreat

The euro has advanced to almost $1.09 against the dollar and is trading north of 88p against sterling, while the pound is hovering just above $1.23 against the US currency Government bond yields have retreated with US and German 10-year yields falling to around 3.45% and a touch shy of 2.10% respectively and equivalent UK […]

Dollar a touch firmer

The euro and sterling are very marginally lower against the dollar this morning trading at about $1.09 and $1.24 respectively, leaving the single currency still hovering just below 88p against the pound Government bond yields are largely unchanged at circa 3.50% and 2.20% in the case of US and German 10-year yields respectively and at […]

Bond yields move up

The euro and sterling are both pushing on against the dollar this morning, trading just above $1.09 and $1.24 respectively. This in turn sees the single currency-pound exchange rate continuing to trade a touch below 88p Government bond yields backed up on Friday. German 10-year yields rose by the best part of 15 basis points […]