by Jonathan Cook | Jan 20, 2025
After navigating last week’s economic releases (mostly) unscathed, the pound now looks to rebuild its eroded position. This will be a tall order – GBP/EUR has fallen by more than 2% since the end of December and GBP/USD by around three cents. GBP/USD: the past year...
read more
by Jonathan Cook | Jan 20, 2025
Sterling enters the week bruised but still afloat after recent stress in the bond market. As UK gilts (government debt) enjoyed their best week from a yield perspective since July, GBP/EUR slid by almost 1% while GBP/USD trended downwards but saw more modest losses....
read more
by Christopher Nye | Jan 17, 2025
The last week before another four years of President Trump has witnessed some of the dollar’s recent gains pared back. But the past month has nevertheless seen gains of close to 4% against the pound. This afternoon we’ll hear some housing data – building permits and...
read more
by Christopher Nye | Jan 17, 2025
It was a positive day for the single currency overall, apart from losses against a strongly resurgent yen. We will shortly get a final reading for eurozone inflation. EUR/USD past year 1 Min 5 Min 1 Hr 1 Day 1 Wk 1 MthFrom To...
read more
by Christopher Nye | Jan 17, 2025
It’s been a significantly negative week for sterling, with drops against all of its ten biggest pairings. However, the rate of descent at least has levelled off. After a week of heavy data, next week we have employment and earnings on Tuesday but not a great deal else...
read more
