The dollar index steadied on Tuesday after seesawing in Monday's session as investors remained cautious ahead of key jobs data that could reveal the path of the Federal Reserve's policy. Later this week, key releases include the advance…
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European Central Bank policymaker, Pierre Wuncsh spoke out against upping the pace of rate cuts recently which economists suspect helped give the euro the boost it needed against the US dollar.
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October has been a rocky month for the pound, which has lost just over 3% against the US dollar in the last 30 days. Economists are listening out for key US data today which may exert pressure on…
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The pound starts the day largely unchanged against the US dollar and slightly higher against the euro this morning. With little high-impact economic releases today, investors and economists look to the key data for guidance.
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The pound reaches the last week in the month slightly up on euro compared to the start of the month and some 4.5% up on last year. However, sterling is 3% down on the US dollar compared to…
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The pound enters a key week that centres around the autumn budget, the Labour government's first major economic moment and one that threatens whatever fragile recovery sterling made in the back half of last week.
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Given we are just two years removed from Liz Truss, we need only invoke those memories to underscore how impactful economic plans can be on the pound. Rachel Reeves will be hoping for a less eventful day on…
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European mandarins spent much of last week discussing a potential Trump victory. Various outlets believe he could have a huge effect on the eurozone, particularly if his policies result in a trade war. Goldman Sachs predicted EUR/USD could…
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