by Christopher Nye | Apr 30, 2025
Yet more of a sinking feeling for the US dollar as it reached a three-year low against the pound yesterday. After evidence of further loosening of the US employment market yesterday with JOLTs job openings, attention will turn on Friday to Non-Farm Payrolls. Plenty to...
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by Jonathan Cook | Apr 29, 2025
From the euro to the Japanese yen, the US dollar fell against the majority of the world’s major currencies yesterday. The ongoing trade war is one source of this weakness, but the onslaught of key data is also prompting investors to play it safe. EUR/USD: the past...
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by Jonathan Cook | Apr 29, 2025
The euro’s fortunes will likely be dictated by growth data this week. European Central Bank Vice President Luis de Guindos didn’t exactly calm any nerves yesterday when he relayed to lawmakers that the figures would be “modest”. With uncertainty high, “consumers may...
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by Jonathan Cook | Apr 29, 2025
Sterling’s quiet advances have seen it make up ground against both the euro and the US dollar over the past week. With attention likely to be trained elsewhere this week, there is a chance the pound could pick up again. Equally, strong showings in European and...
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by Jonathan Cook | Apr 29, 2025
The pound made a strong start to the week, pairing a rise of three-quarters of a cent over the euro with a similar performance against the US dollar. For those still keeping score, GBP/USD is now around five cents stronger than where it began April. Monday was a...
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