Today’s inflation data represents the first real test (outside of the Federal Reserve’s widely expected decision last week) since the election. Inflation is projected to have remained largely unmoved in October but the slightest of falls could be…
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The latest ZEW report gave an insight into the euro’s recent struggles. Through the lens of German respondents, it’s possible to see a current of political uncertainty. From Trump to Scholz, the single currency is being weighed down…
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The pound faces a tough stretch to the end of the year now that markets have digested the employment report. The Bank is in a bit of a bind: does it cut rates to reduce unemployment or hold…
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The pound took a bit of a battering on Tuesday as September’s unexpectedly poor employment report triggered a steep fall. Given its recent strength, GBP/EUR’s fall of three quarters of a cent meant it only retreated to where…
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American markets fell silent yesterday to mark Veterans Day. Such is the US dollar’s current strength that interest from the rest of the world is enough to make up for a lack of domestic trades. Since last Tuesday,…
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After turmoil in Berlin, the euro needs some sign of strength from its economic juggernaught. Today’s ZEW economic sentiment index is its chance to provide that, although markets predict a further demoralising fall in that metric.
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The pound is just a few weeks away from officially becoming the best performing major currency of 2024. Its progress has been particularly stark against the euro but a number of key data sets (plus a last Bank…
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Sterling continued to set fresh records against the euro to start the new week. GBP/EUR’s latest half-cent increase put it within touching distance of its March 2022 peak and means the pound has now strengthened by almost six…
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