Sterling looks to break euro deadlock

The pound fell by half a cent against the euro on Friday in a frustrating end to what had been positive week for sterling. The pound has bobbed around the same level against the euro for the last several weeks, failing to recover the ground it has lost since a...


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USD: Core prices test Fed narrative

The core PCE price index climbed from 2.6% to 2.7%, we learned on Friday. That presents the Fed with a slightly awkward conundrum. As more and more governors argue for interest rate cuts, the raw figures are indicating that prices are rising and growth is slowing....


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EUR: Stronger, still?

EUR/USD has climbed close to a four-year high and the euro has had the upper hand against sterling recently. Could that trend continue, or even intensify? For that to be the case, the euro will have to navigate a packed schedule of key inflation data this week....


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GBP: Fizzling out

What had been a good week for GBP/EUR ended in a whimper on Friday. GBP/USD reached its highest level since late 2021, but that was more the result of broad US dollar weakness than any real momentum for sterling. GBP/USD: the past year               1 Min 5 Min 1 Hr 1...


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