by Jonathan Cook | Mar 24, 2025
Sterling made tentative progress against the euro last week, briefly reaching its highest level since early March. While it would later give up some of these gains, GBP/EUR nonetheless ended the week around 0.5% above where it began. After the Bank of England decided...
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by Christopher Nye | Mar 21, 2025
There was no clear direction for the US dollar either yesterday, as it made good gains on the pound, euro and Swiss franc while treading water against most others. There’s little coming out of the USA today, but Monday’s first PMI readings since the start of tariffs...
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by Christopher Nye | Mar 21, 2025
The single currency took a dive yesterday, with small losses against the pound but more hefty losses against most other currencies. It’s a relatively quiet end to the week, but we launch into next week with PMI across the board. EUR/USD past year 1 Min 5 Min 1 Hr 1...
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by Christopher Nye | Mar 21, 2025
No surprises from the Bank of England led to a mixed day for sterling, with a smallish boost against the euro, but losses against the US and Canadian dollars and Norwegian krone. The data continues next week with PMI on Monday and inflation on Wednesday. GBP/USD past...
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by Charles Purdy | Mar 21, 2025
A busy week on the currency markets has seen a blizzard of high-impact data and several interest rate decisions. The markets – and central banks – are clearly uncertain on the state of the global economy and whether to boost growth or bear down on inflation. In the...
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