Sterling stared Tuesday marginally down on the dollar and 0.2% ahead of the euro – a stark turnaround considering at one point on Monday it was up more than 1% on USD. Bank of England and Nationwide Building…
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The dollar leads major currencies as traders buy into safe haven assets, such as USD, gold and even silver. It is currently 0.2% up on the euro and marginally ahead of the pound, clawing back from a position…
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The pound weakened once more against the euro in the second half of last week, continuing a trend that played out over the course of a quiet yet awkward August. In fact, the whole of summer was a…
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Fed Governor Christopher Waller (a dovish contender to succeed Jerome Powell at the helm) warned that policymakers should not wait for the economy to worsen to cut interest rates. In comments that would no doubt please the president,…
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There was little change month-on-month in the inflation numbers reported across Germany, Italy and France. Tuesday’s unified eurozone numbers will give us a better sense of the trend, but economists are forecasting just a slight increase, which would…
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The end of August proved little different to the rest of the month for the pound. Sterling weakened by a third of a cent against the euro and needed some American data to prop it up against the…
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The last week of summer saw the pound range by around a cent against the euro and the US dollar but ultimately finish more or less level with where it had started Monday. After strengthening on Thursday, the…
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It was another dim day for the dollar, falling just about everywhere as the markets look with disapproval at the potential end to Federal Reserve independence among other risks to America’s economic stability. Still, Americans have seemed as…
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