by Julian Benson | Jan 15, 2025
New UK inflation rate data revealed an unexpected fall to 2.5%, creating some relief for Chancellor Rachel Reeves and clearing the path for a Bank of England interest rate cut. Tuesday also saw the end to USD’s run of strong data and a euro that benefited from its...
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by Jonathan Cook | Jan 14, 2025
EUR/USD remains firmly under pressure. In fact, the US dollar moved closer to parity with the euro yesterday as central bank policy drifts even further apart. EUR/USD: the past year 1 Min 5 Min 1 Hr 1 Day 1 Wk 1 MthFrom To For more on currencies and currency...
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by Jonathan Cook | Jan 14, 2025
Germany’s full-year GDP growth report on Wednesday represents an interesting chance to measure the scale of upheaval in Europe’s largest economy. The economy shrank by 0.3% in 2023. Could a better performance give the single currency a boost? GBP/EUR: the past year 1...
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by Jonathan Cook | Jan 14, 2025
The calm that descended on UK markets yesterday may well prove to be fleeting. With several high-impact economic releases this week, there is a real risk that the anxiety that marked last week makes an unwelcome return. GBP/USD: the past year 1 Min 5 Min...
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by Jonathan Cook | Jan 14, 2025
Sterling found some traction yesterday afternoon, which provided some badly needed respite in the face of unfavourable market conditions. GBP/EUR and GBP/USD were both little changed over the course of the day, representing a pretty good outcome after recent turmoil....
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