UK Outlook – February 2023
Improved outlook, though risks remain.
Download the UK Outlook in full here:
Bank of Ireland UK Outlook February 2023
Improved outlook, though risks remain.
Download the UK Outlook in full here:
Bank of Ireland UK Outlook February 2023
Amid the ongoing turmoil in the banking sector – with the Swiss authorities announcing the sale of Credit Suisse to UBS and the major central banks taking coordinated action to enhance the provision of liquidity to banks – the euro and sterling are both managing to hold onto the gains they made against the dollar […]
A sell-off in equity markets yesterday, led by a sharp decline in European bank stocks, spilt over into both foreign exchange and bond markets. In the former, the euro traded down to just shy of $1.05 against the dollar and to almost 87p against sterling, but it has since recovered to over $1.06 and close […]
The euro is not much changed against the dollar and sterling this morning at just over $1.07 and a bit above 88p respectively, while the pound is trading at about $1.2150 against the US currency European equity markets partially rebounded yesterday, regaining around 2% having fallen by 3% in Monday’s session, while the S&P in […]
The euro is a touch softer against the dollar trading back below $1.07 this morning, while the pound has advanced a bit further against the US currency to around $1.2150 and is also firmer against the euro trading just under 88p. Government bond yields have collapsed as the market reassesses the outlook for central bank […]