by Jonathan Cook | Dec 11, 2024
Fretful euro investors have been asking themselves if the euro could fall further this week. The generous interpretation is that an interest rate cut to 3% has now been baked into the price, yet there is a nagging danger than it could fall further. GBP/EUR: the past...
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by Jonathan Cook | Dec 11, 2024
Since the second week of August, GBP/EUR has climbed by around five months. That means that, on average, sterling has strengthened by a cent every month. Such a performance is mightily impressive but it raises questions over whether that success is sustainable as the...
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by Jonathan Cook | Dec 10, 2024
A sleepy sort of day on the exchanges saw the US dollar barely move the dials. However, that may all change tomorrow with the inflation data and a small rise expected. USD/GBP past year 1 Min 5 Min 1 Hr 1 Day 1 Wk 1 MthFrom To For more on currencies and...
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by Jonathan Cook | Dec 10, 2024
There was little movement for the euro yesterday too, as the markets await the interest rate decision. We have just heard confirmation of German inflation at 2.2%, but the big event will of course be the interest rate decision on Thursday. EUR/USD past year 1 Min 5...
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by Jonathan Cook | Dec 10, 2024
The pound gains almost across the board yesterday on a day when there was little data to consider. There isn’t a great deal today or tomorrow either, but things do perk up at the end of the week. GBP/USD past year 1 Min 5 Min 1 Hr 1 Day 1 Wk 1 MthFrom To...
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