USD: Powell comments support dollar

After the interest rate cut from the Fed on Wednesday the US dollar was in a bullish mood, with strong gains all round following Powell pouring cold water on hopes for another rate cut this year. Coming up next week is plenty of employment data, with JOLTS on Tuesday...


read more

EUR: ECB hold settles euro

Despite the volumes of economic data and the interest rate decision from the ECB there was a distinct lack of movement for the euro yesterday. Will that continue after the inflation data about to reach the markets? EUR/USD past year 1 Min 5 Min 1 Hr 1 Day 1 Wk 1...


read more

GBP: No recovery for pound

Sterling remained in the doldrums yesterday, swirling around at close to a two-year low against the euro and six-month low against the US dollar. The big event next week is the interest rate decision on Thursday. GBP/USD past year 1 Min 5 Min 1 Hr 1 Day 1 Wk 1 MthFrom...


read more

A critical month for the economy and sterling

A critical month for the economy and sterling

It’s all been about the interest rate decisions for the past few days and the scores from the latest round have been 25 basis point cuts for the USA and Canada and no change for Europe or Japan. The winners and losers on the currency front have been, unpredictably,...


read more

USD: November brings funding cliff edge

The government shutdown has rumbled on for almost a month, but 1 November is the date where the proverbial might really hit the fan. That’s because funding for several key welfare initiatives (including the Snap programme, otherwise known as food stamps) is set to...


read more