Pound finds fleeting gains as UK inflation surges
Trade in the Pound was mixed yesterday, after data showed that UK inflation soared to a new 40-year high in July.
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Trade in the Pound was mixed yesterday, after data showed that UK inflation soared to a new 40-year high in July.
The pound traded with modest gains on Tuesday, following the publication of the UK’s latest employment figures.
The US dollar firmed on Monday as weak Chinese data took its toll on market sentiment.
The Australian dollar started the week on a strong note, with an upbeat market mood supporting the risk-sensitive ‘Aussie’. Recent strong data from Ch
A rise in risk appetite early in the week weighed on the safe-haven US dollar. Recent positive data from China and the US – the world’s two largest ec
The euro started last week on the defensive as a lack of Eurozone data left the single currency vulnerable to worries about the European gas crisis.
The pound found some support at the very start of last week’s trade as investors seemed hopeful that the recession forecast from the Bank of England w
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