by Charles Purdy | Apr 30, 2025
The pound has been flying high over the past few days, with a 1%-plus improvement against the euro and three-year high against the US dollar. However, this is despite the increasing possibility of the Bank of England not just cutting interest rates by 25 basis points...
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by Christopher Nye | Apr 30, 2025
A mixed day for sterling saw no great advance on this week’s 1% gain on the euro but the best for GBP/USD since early 2022. There are some mortgage numbers coming out tomorrow but we’re in a fallow period for data...
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by Christopher Nye | Apr 30, 2025
A calm day on the markets saw the single currency treading water. This was despite a slew of industrial data yesterday, which continues today with French and German inflation and GDP. If the markets are still where they are now by end of day it will be a...
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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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