Category: Uncategorized

Dollar regains some ground

The first day of trading in 2024 saw some further retracement of the recent moves in currency markets. The dollar regained another cent or so  against both the euro and sterling and is trading at around $1.0960 and $1.2640 respectively this morning. This in turn leaves EURGBP largely unchanged at £0.867. Sovereign bond yields backed […]

UK Outlook – July 2023

Modest growth ahead, downside risks rising Download the UK Outlook in full here: Bank of Ireland UK Outlook July 2023  

UK Infographic – July 2023

GDP forecast to grow by 0.2% this year and by 0.8% in 2024 Download the UK infographic here: Bank of Ireland UK Infographic July 2023  

Bond yields nudge lower

The euro and sterling have both slipped a little against the dollar to trade a touch below $1.0950 and at $1.24 respectively this morning, which in turn leaves the single currency-pound exchange rate little changed still hovering just above 88p US and German government 10-year bond yields have nudged down over the past couple of […]

Dollar a touch softer

The dollar is a touch softer against the euro and sterling again this morning, trading close to $1.13 and near $1.3550 respectively, while the single currency-pound exchange rate is hovering just below 83.5p European and US equity markets chalked up some more gains yesterday with the former adding to these at the start of today’s […]

Weekly Round Up 28.01.2022

This week’s highlights: Fed to hikes ‘soon’; Dollar firmer; Bond yields up on the week; US GDP +1.7% in Q4 2021. Read in full: Weekly Round Up 28 January 2022  

Global Watch Infographic- December 2021

Inflation concerns for the main central banks Download this Infographic as a PDF: Bank of Ireland_Global Watch_Infographic_December 2021  

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 […]