Private companies in the US adding record jobs in over a year to their payrolls in October, which added 233,000 workers to their books. This is the most hires since July 2023 and much higher than forecasts of…
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The pound was able to recover early afternoon losses against the US dollar yesterday following news that the US economy expanded at a softer rate than expected in the third quarter of this year.
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Yesterday, UK chancellor of the Exchequer, Rachel Reeves unveiled £40 billion worth of tax rises to revive public spending.
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Sterling strengthened marginally against the euro yesterday, and a little more against the US dollar, but movements were muted ahead of today’s budget. However, even the slight improvement in GBP/EUR yesterday was enough for it to hit yet…
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The US dollar has defied the traditional election volatility to stay remarkably stable this past month. Some analysts have suggested this is because a win by either candidate would be received well, with only a lengthy and tumultuous…
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With the eurozone’s growth numbers propped up by unlikely figures like Spain and Greece, a return to form by the bloc’s biggest economy would be a huge boon. Germany has started to show signs of recovery and further…
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Today has been circled in many diaries for weeks. Sterling will be highly sensitive to perceptions of the autumn statement, which could include major pivots in areas like debt and taxation. The first budget in a decade and…
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The pound is anxiously awaiting the first autumn budget from the Labour party in 15 years. Chancellor Rachel Reeves will announce new measures in the House of Commons this afternoon that are thought to include tax rises for…
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