Christopher Nye
on October 25th, 2024 The pound was hit by yesterday’s PMI data early on, and while it recovered by the afternoon following BoE comments, it then drifted again, at least against the euro. There were better results against some of the commodity-backed currencies such as AUD and CAD.
Coming up on the agenda for data… not a great deal. The big things to watch out for remain the Budget on Thursday, US election and interest rate decisions on 7 November.
GBP/EUR past year
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