by Christopher Nye | Jan 31, 2025
It was a broadly positive day for the US dollar, with gains against all but the yen and rupee. We’ve got some core inflation numbers this afternoon, and income and spending. Next week attention turns to the labour market, with JOLTs job openings and Non-Farm Payrolls....
read more
by Christopher Nye | Jan 31, 2025
After the excitement of the interest rate decision yesterday from the ECB, amid a mass of industrial and economic data, the euro remained remarkably steady. The data continues shortly though, with German unemployment and inflation numbers and then eurozone-wide...
read more
by Christopher Nye | Jan 31, 2025
Sterling has reached the end of the month around 1% down on the euro and 0.65% down on the US dollar, but having experienced wild swings through the month. We have just had a reading for house prices from the Nationwide, but there is nothing much for the markets to...
read more
by Charles Purdy | Jan 31, 2025
The pound’s penultimate day of January was a mixed affair, with small losses and gains as the markets analysed a welter of data. Given the decision of the European Central Bank (ECB) to lower interest rates yet again – the fifth cut since last summer, and with another...
read more
by Jonathan Cook | Jan 30, 2025
The same safe-haven forces that have marked 2025 swirled yesterday to boost the US dollar. A comparatively uneventful Fed event means that focus now turns to this afternoon’s GDP and initial jobless claims, which should combine to offer the dollar some direction....
read more
