Pound to Dollar Rate Pushed Higher by Falling Covid Cases and Weak Dollar

Tomorrow’s UK unemployment data the key for GBP/EUR this week (Mike Vaughan)

Sterling has had a good start to the second quarter of the year having shifted through 1.21 at the tail end of last week, a two cent swing in the pounds favour since the end of March providing some good buy opportunities for those in a position to take advantage. Looking at the data for the rest of the week and we have some inflation figures this morning at 09:30 followed by Euro Zone trade balance figures at 10:00 however the major release for this...
GBP/EUR exchange rates creep up over the course of the trading week

Sterling Euro exchange rates are at a one month high! (Daniel Wright)

The Pound has made minor gains once again against the Euro in trading this morning hitting a new one month high. We saw much better than expected manufacturing PMI figures for the U.K early this morning which followed on from yesterdays positive economic data which may suggest a good month could be ahead regarding news for the U.K economy. Tomorrow we have another set of industrial and manufacturing data out for the U.K and if it follows suit with the news we have had so far...