by Jonathan Cook | Jan 14, 2025
Sterling found some traction yesterday afternoon, which provided some badly needed respite in the face of unfavourable market conditions. GBP/EUR and GBP/USD were both little changed over the course of the day, representing a pretty good outcome after recent turmoil....
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by Jonathan Cook | Jan 13, 2025
Stress in the UK bond market sent the pound tumbling against its rivals last week. By Friday afternoon, GBP/EUR had fallen to its lowest level in more than two months, while GBP/USD lost a whopping three cents over the course of the week. Amid the bond bust up,...
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by Jonathan Cook | Jan 13, 2025
The US dollar made a strong finish to last week as figures from the job market pointed to strong economic fundamentals. The economy continued to create jobs at a rapid pace, while unemployment fell below forecasts to 4.1%. EUR/USD: the past year 1 Min 5 Min 1 Hr 1 Day...
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by Jonathan Cook | Jan 13, 2025
The euro is benefitting directly from the ongoing bond saga in the UK. GBP/EUR is almost two cents below where it began the year and could fall further unless the government is able to steady the ship. GBP/EUR: the past year 1 Min 5 Min 1 Hr 1 Day 1 Wk 1 MthFrom To...
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by Jonathan Cook | Jan 13, 2025
The past week is a perfect demonstration of how quickly currencies can rise and fall seemingly out of nowhere. GBP/EUR and GBP/USD dropped by 1.5% last week – losses not quite on the scale of previous market panics but a steep fall nevertheless. GBP/USD: the past year...
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