USD: Positioned for a cut

Based on yesterday’s trading, the investor community are betting heavily on a Christmas rate cut from Jerome Powell and co. The US dollar sank against its main rivals, weakening by over 1% against the pound across the day. EUR/USD: the past year 1 Min 5 Min 1 Hr 1 Day...


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EUR: On shaky ground

Much like the EU’s legal approach, the euro looked on shaky ground yesterday. Daily gains over the US dollar were more a sign of that currency’s weakness. The focus will likely be on Ukraine and economic support until the next batch of significant data. GBP/EUR: the...


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GBP: Riding high

Sterling surged to a three-week high against the US dollar on Tuesday and a five-week high against the euro. The sense of post-Budget relief has been bolstered by several pieces of robust data, but as we all know, it does not take much for the house of cards to come...


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Pound jumps as peace hopes fade

Sterling strengthened against the euro and the US dollar yesterday, the result of fresh economic data and what felt like the start of a new chapter in the war in Ukraine. As Russian, American, and Ukrainian envoys failed to hammer out a deal in Moscow, the European...


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