The pound fell further against its closest rivals on Wednesday, as a Bank of England policymaker suggested the Bank would indeed cut interest rates at its November meeting.
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The pound has strengthened again against the euro, back up to the 2½ year high it reached almost a month ago. Against the dollar, however, while GBP has lost those September gains it remains a stonking 6.5% stronger…
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The IMF raised US GDP estimates for 2024 to 2.8%, from 2.6% previously predicted in July this year. This prediction is due to stronger outturns in consumption and non-residential investment.
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European Central Bank president, Christine Lagarde said yesterday evening that she was committed to saving the euro. She also publicly invited Donald Trump to visit the ECB in Frankfurt following remarks from him suggesting that Lagarde had the…
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According to new data from the Robert Walters Global Jobs Index, the UK professional job market experienced a 5.62% decline in September. This comes as a huge surprise as recruiters usually find September to be their busiest month, hence…
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Despite falling to a two-month low against the US dollar yesterday afternoon, the pound ended Tuesday pretty much where it started the day against rival currencies.
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The US dollar is dong all it can to keep Tuesday 5 November quiet. That tactic is working for now, with fears around the election outweighed by problems of a global scale. It is however unrealistic that we…
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Chrstine Lagarde will be representing the eurozone’s financial clout at the IMF/World Bank meeting this week. With little else to unpack, the euro could seize on her remarks to find fresh impetus (good or bad) in the middle…
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