by Julian Benson | Oct 31, 2024
Private companies in the US adding record jobs in over a year to their payrolls in October, which added 233,000 workers to their books. This is the most hires since July 2023 and much higher than forecasts of 115,000. EUR/USD: the past year 1 Min 5 Min 1 Hr 1 Day 1 Wk...
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by Julian Benson | Oct 31, 2024
The pound was able to recover early afternoon losses against the US dollar yesterday following news that the US economy expanded at a softer rate than expected in the third quarter of this year. GBP/USD: the past year 1 Min 5 Min 1 Hr 1 Day 1 Wk 1...
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by Julian Benson | Oct 31, 2024
Yesterday, UK chancellor of the Exchequer, Rachel Reeves unveiled £40 billion worth of tax rises to revive public spending. As a result, the pound lost over half a per cent against its major rivals, but later regained its strength against the US dollar. This morning,...
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by Charles Purdy | Oct 30, 2024
Sterling strengthened marginally against the euro yesterday, and a little more against the US dollar, but movements were muted ahead of today’s budget. However, even the slight improvement in GBP/EUR yesterday was enough for it to hit yet another highest point since...
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by Jonathan Cook | Oct 30, 2024
The US dollar has defied the traditional election volatility to stay remarkably stable this past month. Some analysts have suggested this is because a win by either candidate would be received well, with only a lengthy and tumultuous legal battle likely to affect the...
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