by Christopher Nye | Apr 25, 2025
There were relatively minor losses for USD yesterday against most currencies, but overall it’s a better week against the euro, albeit something of a dead cat bounce taking the month’s losses to just below 5%. Coming up today, a final result for Michigan Consumer...
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by Christopher Nye | Apr 25, 2025
Gains for the euro on USD, yen and Swiss franc yesterday suggest an increasing appetite for risk among investors. It’s a quiet end to the week for eurozone data, but next week sees plenty of interesting business and consumer confidence...
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by Christopher Nye | Apr 25, 2025
The pound had a positive day, gaining up to half a percent on leading currencies as the slow recovery continued. We’ve just had retail sales and consumer confidence, but the steady supply of data reduces to a trickle next week. Does that mean no movement for GBP?...
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by Charles Purdy | Apr 25, 2025
Sterling climbed close to its best level for over two weeks against the euro in early trading this morning as GBP/EUR continues a slow but unsteady recovery from the precipitate falls at the start of the month. It is being buffeted by a set of downbeat consumer and...
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by Jonathan Cook | Apr 24, 2025
Donald Trump called the Federal Reserve’s Jerome Powell “Mr Too Late”, but it was Trump’s softening stance on Powell and China that came too late for the US dollar. Despite the de-escalation, the US dollar could only record small daily gains over its rivals and...
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