by Jonathan Cook | Jan 7, 2025
The euro had its best day in quite some time on Monday, fuelled largely by reports that US president-elect Donald Trump is considering softening his policy on trade tariffs. GBP/USD also advanced by more than half a cent over the course of the day. Increased consumer...
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by Charles Purdy | Jan 6, 2025
Over the Christmas and New Year period the pound has been stable against the euro, while dropping about 2% against the dollar since early December. The question for the start of this year is whether the pound will stay strong against the euro as the Bank of England...
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by Julian Benson | Jan 6, 2025
After the dollar’s dramatic climb against the euro and the pound on Thursday, the European currencies only made negligible gains going into the weekend. After the markets reopened on Thursday, USD climbed by almost 1% against both GBP and EUR, to an eight-month high...
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by Julian Benson | Jan 6, 2025
After significant losses against USD when the markets reopened on Thursday, GBP has begun a slow claw back of lost ground. Later this morning, we’ll get a final result for Services PMI, and tomorrow more retail sales and house price...
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by Julian Benson | Jan 6, 2025
After the markets opened on Thursday and USD saw its dramatic climb, the currency held steady going into the weekend. However, it’s difficult to predict if the currency will continue to see gains or even hold its position as the markets try to anticipate President...
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