by Jonathan Cook | Mar 10, 2025
GBP/EUR lost the best part of 2% last week as the eurozone finally flexed its muscles. EUR/USD strengthened by a whopping five cents across the week, a feat the pound only narrowly failed to replicate against its trans-Atlantic adversary. The European Union decided it...
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by Christopher Nye | Mar 7, 2025
Yesterday was entirely negative for sterling, but across the week losses are significant only against the Swedish krona (down 3.5%), the euro (down 1.75%) the NOK (down 1%). Next week is another quiet one for data, with only GDP on Friday. GBP/USD past year 1 Min 5...
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by Christopher Nye | Mar 7, 2025
Yesterday USD/GBP and USD/EUR hit their lowest level since mid-November, while the week’s losses against SEK are around 5.5%. This afternoon we’ll hear Non-Farm Payrolls. However, these are the pre-DOGE results so don’t expect fireworks. Wednesday next week is the...
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by Christopher Nye | Mar 7, 2025
After a strong Wednesday, yesterday the single currency’s gains were pared back. Even so, the weekly gain has been impressive, with close to 4% pulled back against the US dollar and 1.5% against the pound. EUR/USD past year 1 Min 5 Min 1 Hr 1 Day 1 Wk 1 MthFrom To...
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by Charles Purdy | Mar 7, 2025
Sterling fell against almost all-comers yesterday, including 1% against the Swiss franc. However, losses against other currencies were relatively mild, with most of the damage already done on Wednesday. Volatility over the week added up to a loss of 1.6% against the...
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