• Ireland Interim Update – May 2021

    Irish GDP growth forecast for 2021 revised up to 5.8%   Download the Interim Update  in full here :                                                                   Bank of Ireland Ireland Outlook Interim Update May 2021

  • Main exchange rates steady

    The main exchange rates are largely steady this morning. The euro continues to hover just above the $1.20 level against the dollar and just below 87p against sterling, while the pound is still trading a touch under $1.39 against the US currency US stocks edged a little lower again yesterday, as they continue to retreat […]

  • Collapse in US jobs

    The euro lost ground against the dollar over the course of last week, ending not much above $1.08 having closed at $1.10 the previous Friday. Sterling shed around 1 cent or so against the US currency to finish at $1.24, which left it a touch firmer on the week against the euro at 87p. Core […]

  • Taking control!

    Sterling is slightly firmer this morning after developments in the House of Commons last night, with the pound trading back below 91p against the euro and back above $1.21 against the dollar. The latter is little changed against the euro as it continues to trade just below the $1.10 level.  Meanwhile, bond yields in the core markets are nudging down amid some soft economic data […]

  • A tentative US-China trade truce?

    The dollar is a little firmer against the euro this morning on the back of reports in the Chinese press overnight that the US and China have reached a tentative trade truce. This comes after comments by the US Treasury Secretary that 90% of a trade deal between the two sides had been agreed before talks broke down and that the reaming 10% […]

  • UK Outlook – February 2019

    Prospects for the economy Brexit dependent. Download the Outlook in full here: BOI_UK_Outlook_February_2019  

  • US yields, dollar higher

    We are seeing a notable rise in US bond yields and a firming of the dollar across the board, as the market prices in a greater chance of an increase in US interest rates before the end of this year and the US administration puts tax cuts back on the agenda The dollar has strengthened against the yen, […]

  • Ireland Outlook – July 2017

    The Irish Economy: The economic outlook remains positive, albeit with some clouds on the horizon.

  • Ireland Outlook – February 2017

    Domestic activity to drive growth against an unsettled external backdrop

  • Euro on back foot

    The euro has fallen into the bottom half of the $1.05 to $1.15 range against the dollar it has occupied for the past 18 months or so. It weakened by more than a cent to sub $1.09 last week after the ECB indicated that it may extend QE beyond the provisionally planned end date of […]