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 Christopher Nye | Jan 10, 2025
The dollar lost some of the gains it made on the pound earlier this week but held steady against the euro. Following better-than-forecast jobs data earlier this week, the dollar has potential to upset predictions again with unemployment rate and Non Farm Payroll data...
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by Christopher Nye | Jan 10, 2025
The euro made small losses against the dollar and only partially fended off the pound, losing a fifth of the gains it made on Wednesday. Weak retail sales put it in a poor position ahead of US employment data due to be published later today. EUR/USD past year 1 Min 5...
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by Julian Benson | Jan 10, 2025
After significant losses against USD and EUR following debt costs reaching a new high, GBP stabilised on Thursday. Next week we will see the first high-level data of the year from the UK, with inflation on Wednesday and GDP on Thursday. GBP/USD past year 1 Min 5 Min 1...
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by Charles Purdy | Jan 10, 2025
Following a disastrous Wednesday for the pound, which saw the currency hit a 14-month low against the dollar, GBP began to rally as market turmoil eased. The dollar continues to lead on both sterling and the euro. The deterioration of the pound followed Wednesday’s...
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