High inflation to temper growth.
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The euro and sterling have both gained ground against the dollar to trade at almost $1.06 and just shy of $1.25 respectively this morning, while the single currency-pound exchange rate is hovering just below 85p European stocks have opened in positive territory today – gaining around 1% in early trading – while in government bond […]
The euro and sterling have both slipped back against the dollar to just under $1.05 and to around $1.2350 respectively, leaving the single currency marginally firmer against the pound trading a little below 85p Equity markets in the US sold off sharply yesterday with the S&P 500 down 4% by the close of business, and […]
The euro and sterling are both a touch firmer against the dollar this morning trading north of $1.05 and just above $1.24 respectively, which in turn leaves the single currency-pound exchange rate largely unchanged at around 84.5p Equity markets advanced yesterday, helped by solid economic data in the US, while government bond yields rose with […]