by Jonathan Cook | Jan 30, 2025
A busy streak of European GDP releases is under way. While much of the focus is on the ECB, markets will be keeping tabs on eurozone and nation data, which is likely to feed through to the euro. Spain kicked things off yesterday with stronger than expected growth in...
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by Jonathan Cook | Jan 30, 2025
The pound’s formerly familiar pattern (strong against the euro, weak against the US dollar) resumed yesterday. While it has ample opportunity to rise or fall against the euro, sterling faces an uphill battle against the US dollar, where powerful forces continue to...
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by Jonathan Cook | Jan 30, 2025
Sterling advanced to its strongest level against the euro since early January on Wednesday, as the European Central Bank’s (ECB) next interest rate decision and key economic data dominated proceedings. The US dollar would enjoy the lion’s share of the gains, however....
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by Charles Purdy | Jan 29, 2025
Despite its shaky start to the week, following massive losses in the tech sector, the dollar recovered and gained on the euro. However, out of the turmoil, the pound gained on both. Proving once again that confident predictions of the currency market’s movements can...
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by Julian Benson | Jan 29, 2025
The dollar managed to recover after the tech-focused stock markets posted record losses on Monday. While The Fed is forecast to hold interest rates steady this afternoon, the institution has been under pressure from President Trump to make a cut. USD/GBP past year 1...
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