by Christopher Nye | Jan 16, 2020
The pound was weaker yesterday after poor inflation rate data, which further increased expectations of an interest rate cut at the end of the month. However, it has recovered slightly this morning. The eurozone also saw some disappointing data, whilst the signing of...
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by Christopher Nye | Jan 15, 2020
The pound has been moving in the past few days because of speculation about an interest rate cut. This is all feels rather old-school, a bit 2015, as politics and Brexit has been leading GBP in recent times. The next big thing to influence currencies will be a mix of...
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by Christopher Nye | Jan 15, 2020
The dollar was mixed yesterday, showing strength against the euro and weakness against the pound. Inflation rate for the US rose to 2.3% year-on-year from the previous 2.1%. A series of data releases are due to be released today also, including mortgage rate figures....
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by Christopher Nye | Jan 15, 2020
The euro was weak against the pound and dollar yesterday and remains low today, after starting the week in a strong position. Germany’s full year GDP growth figure came in this morning at 0.6%, meeting expectations but showing the weakest expansion rate since 2013....
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by Christopher Nye | Jan 15, 2020
After weakening earlier in the day due to increased expectations for a rate cut, the pound recovered slightly yesterday afternoon. Markets are now pricing in a 43% chance for a 25 basis point cut in rates at the end of this month from the current level of 0.75%....
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