The euro gained nearly 0.5% on the dollar and more than 0.3% on the pound on Monday. German inflation data revealed inflation has fallen to its 2% target and eurozone data later today is expected to show the…
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While the pound made small gains on the dollar on Monday, it lagged the euro by 0.3%. The ONS revealed disposable income in the UK is falling as households struggle to keep up with inflation, and the belt-tightening…
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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…
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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…
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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…
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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…
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A dismal week for the US dollar saw it weaken by over three cents against both the pound and the euro. GBP/EUR fell by half a cent on Friday, essentially erasing the pound's modest advances on the week…
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