by Christopher Nye | Feb 21, 2025
A better performance for the single currency yesterday saw it improve across the board (although only very slightly against GBP), but over the week it remains around 0.5% down on sterling and most commodity-backed currencies such as the antipodean dollars. Flash...
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by Christopher Nye | Feb 21, 2025
There has been an improvement in the fortunes of sterling across the week against all but the yen, strengthening by more than 0.5% against the euro and US dollar. Things go considerably quieter on the data front next week, but before that we have the PMI reading at...
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by Charles Purdy | Feb 21, 2025
A frenetic week for data in the UK has been good news for the pound, which is now 2% up on the euro and 3% up on the US dollar compared to this time last month. Overnight we have had the GfK Consumer Confidence reading, which was higher than expectations at -20 and...
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by Jonathan Cook | Feb 20, 2025
The US dollar demonstrated its power on Wednesday, swiftly knocking down some of the pound and euro’s recent gains. Much of that was sparked by the assumption of slower interest rate cuts from the Federal Reserve but it could have been even better were it not for...
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by Jonathan Cook | Feb 20, 2025
Almost all global currencies trended higher against the euro on Wednesday, from the Japanese yen to the Australian dollar. That could change over the weekend as the outcome of the German elections have the power to radically improve the euro’s trajectory. radically...
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