Articles Archive for January 2017
Currencies, sterling »
The euro managed to find support from stronger than expected industrial production activity in the Eurozone. Since the beginning of January, the currency has enjoyed a strong recovery against the US dollar as the economy improves, with most of the data surprising economists. Data coming out of Germany yesterday confirmed the improved environment as the [...]
Currencies, French News, sterling »
Sterling weakness continues Last week’s currency movements could potentially be a preview of what to expect for 2017. The US dollar showed sensitivity to Fed announcements after the release of December’s FOMC meeting minutes. Meanwhile, Sterling remained on the back foot and performed poorly in most currency pairings for the majority of the week. This [...]
Currencies, French News, sterling »
The pound lost ground yesterday, following surprise news that the EU ambassador Sir Ivan Rogers had resigned.