Although headline inflation fell, core inflation’s surprise uptick gave the US dollar a leg up heading into the Fed’s next meeting.
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The euro will be in for a nervous wait ahead of the ECB’s interest rate decision today. A rate cut is all but priced in at this point, although you can never tell when markets (or policymakers) might…
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The pound continued to pay the price for the UK’s economic shortcomings. Sterling fell against its major rivals as growth flatlined for the second month running.
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The pound and the euro came under pressure from the US dollar on Wednesday, following inflation data that suggested cooling (but not plunging) prices. That distinction was important, as it suggested the Federal Reserve would decide to cut…
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The pound has fallen across the board today after the UK economy was revealed to have stalled in July. Growth of around 0.2% had been expected by the markets but for the second month in a row Gross…
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Following last night's debate, analysts suggest that the chances for a Harris presidency rose slightly, supported by expectations of increased fiscal spending and more tariffs under another Trump presidency. Today, markets gear up for the August consumer inflation…
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It's been a relatively quiet week for the euro, with little high-impact economic and political releases to influence the single currency. That will all change tomorrow, however, as ECB policymakers will reassess their policy stance. The current rate…
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Shortly after the Office for National Statistics said the UK added 265,000 jobs in the three months to July, massively outperforming expectations of 123,000, the pound shot up against the US dollar almost immediately. However, it wasn't long…
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