by Christopher Nye | Jan 10, 2025
The euro made small losses against the dollar and only partially fended off the pound, losing a fifth of the gains it made on Wednesday. Weak retail sales put it in a poor position ahead of US employment data due to be published later today. EUR/USD past year 1 Min 5...
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by Julian Benson | Jan 10, 2025
After significant losses against USD and EUR following debt costs reaching a new high, GBP stabilised on Thursday. Next week we will see the first high-level data of the year from the UK, with inflation on Wednesday and GDP on Thursday. GBP/USD past year 1 Min 5 Min 1...
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by Charles Purdy | Jan 10, 2025
Following a disastrous Wednesday for the pound, which saw the currency hit a 14-month low against the dollar, GBP began to rally as market turmoil eased. The dollar continues to lead on both sterling and the euro. The deterioration of the pound followed Wednesday’s...
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by Jonathan Cook | Jan 9, 2025
Aside from against the pound, the US dollar moved little against its rivals yesterday ahead of a busy few days. After FOMC minutes, the US dollar will now look ahead to non-farm payrolls and unemployment for fresh direction. EUR/USD: the past year 1 Min 5 Min 1 Hr 1...
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by Jonathan Cook | Jan 9, 2025
A quieter day for the euro allowed to gain sizeable ground on the pound. GBP/EUR finished Wednesday at its lowest level in almost two months – a remarkable turnaround given the euro’s recent struggles. GBP/EUR: the past year 1 Min 5 Min 1 Hr 1 Day 1 Wk 1 MthFrom To...
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