by Charles Purdy | Nov 4, 2024
Following a tricky few days for the pound last week around the budget, the week ahead has even more potential pitfalls. The positive news is that GBP/EUR is currently only down on last Monday by 0.7% and there is no loss against GBP/USD. To lock in today’s rate...
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by Christopher Nye | Nov 4, 2024
Overall, the US dollar had a successful week against all but the euro, despite Friday’s Non-Farm Payrolls – hot on the heels of JOLTs job opening report – showing a major slowdown in the US employment market. There will be some data midweek, including ISM Services...
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by Christopher Nye | Nov 4, 2024
The euro has been positive in recent days, with ups and downs against the pound but strengthening against all major rival currencies over the past week including as much as 1.5% against the Scandinavian currencies. This morning we have some final results for PMI and...
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by Christopher Nye | Nov 4, 2024
Sterling has continued to claw back its post-budget losses and is barely down at all against the US dollar and less than 0.7% down on the euro compared to last week. There is very little on the data front coming up imminently, so the economic dice have been cast...
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by Charles Purdy | Nov 4, 2024
Following a tricky few days for the pound last week around the budget, the week ahead has even more potential pitfalls. The positive news is that GBP/EUR is currently only down on last Monday by 0.7% and there is no loss against GBP/USD. The dollar was hit on Friday...
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