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Meticulous planning will win the day

There’s a small park near our office in Hammersmith, which some of us walk past each day without noticing the blue plaque on its wall. The plaque says that on that site, once a school, General Montgomery and his team planned the D Day invasions. He then presented them...


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USD: Further rate cut comments weaken the dollar

The dollar is in a weak position this morning as it tries to recover from comments made by the Federal Reserve Chairman, Jerome Powell. He indicated yesterday that there may be a rate cut on the horizon, a day after American factory growth hit its lowest figure in...


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EUR: Euro up against pound and dollar

The euro is up against both the pound and the dollar this morning, as poor rate expectations from the US and poor economic releases from the UK keep both low. Nonetheless, it is still a mixed week for the euro, with Italian unemployment coming in slightly above...


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GBP: Pound under pressure ahead of Services PMI

The pound is down against both the euro and the dollar this morning. It briefly benefited from a weaker dollar, but remains affected by the ongoing uncertainty in Parliament. Sterling rose slightly yesterday due to assurances from President Trump that the US was...


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