Category: Daily blog

Quiet start to the week

Markets were relatively quiet yesterday as it was Memorial Day in the US and a Bank Holiday in the UK. In any case, the euro has slipped to just below $1.07 against the dollar and to 86.5p against sterling this morning, while the pound is trading at $1.2350 against the US currency. In government bond […]

Euro steady

The euro is little changed against the dollar and sterling again this morning, trading just north of $1.07 and just below 87p respectively, while the pound is still hovering in and around $1.2350 against the US currency. There was a notable rise in UK government bond yields last week, with 10-year yields increasing by more […]

Bond yields rise further

The euro is not much changed against the dollar and sterling this morning trading close to $1.0750 and just under 87p respectively, while the pound is still trading in and around $1.2350 against the US currency. Government bond yields have risen again – benchmark US 10-year yields are now trading at 3.80% while equivalent German […]

Dollar still on the front foot

The euro and sterling have both lost ground against the dollar to trade close to $1.07 and below $1.2350 respectively this morning, leaving the single currency-pound exchange rate still hovering just under 87p (although it did trade above this level for a time yesterday). UK government 2-year yields have risen by the best part of […]

Euro loses ground

The euro moved lower against the dollar yesterday trading down to $1.07 for the first time since early April. Sterling did a little better staying above $1.24p, leaving the single currency-pound exchange rate a little lower and trading this morning at under 87p Most Government bond yields were more or les unchanged yesterday with US […]

Dollar a touch firmer

The euro and sterling are both marginally lower against the dollar this morning trading at around $1.08 and $1.24p respectively, leaving the single currency-pound exchange rate still hovering just below 87p Government bond yields continue to head higher with both US and UK 10-year yields increasing by more than 5bps to over 3.70% and close […]

Euro marginally firmer

The euro is marginally firmer against the dollar and sterling this morning trading back above $1.08 and at about 87p respectively, while the pound is hovering just below $1.2450 against the US currency US and UK government 10-year yields rose by 20-25bps over the course of last week to around 3.65% and 4% respectively, while […]

Dollar on the front foot

The euro and sterling both lost ground against the dollar yesterday and are trading just under  $1.08 and just above $1.24 respectively this morning, leaving the EUR/£ exchange rate still hovering a little below 87p. Government bond yields have risen further. US and German 10-year yields are up about 5bps or so from this time […]

Euro slipping

The euro has slipped against the dollar to trade closer to $1.08 this morning, and is also lower against sterling trading back below 87p. The pound, meanwhile, is not much changed against the US currency just above $1.2650. Government bond yields continue to nudge higher. US 10-year yields are approaching 3.60% and equivalent UK yields […]

Bond yields drift higher

The euro continues to trade under $1.09 against the dollar and is still hovering in and around 87p against sterling, while the pound remains below $1.25 against the US currency. Government bond yields are drifting higher, with US 10-year yields approaching 3.55% and equivalent German and UK yields up to 2.35% and 3.80% respectively. ECB’s […]