by Julian Benson | Jan 6, 2025
The euro closed out the week with mixed results, but having lost across the board since the markets reopened. Multiple eurozone countries are scheduled to release highly influential inflation and unemployment rate reports...
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by Jonathan Cook | Jan 3, 2025
After sweeping all before it to end 2024, the US dollar began the fresh year with its momentum intact. In a release that could spell trouble ahead, today’s manufacturing PMI figures are projected to show the ninth straight month of sector-wide contraction. EUR/USD:...
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by Jonathan Cook | Jan 3, 2025
GBP/EUR was a much less active battleground than against the US dollar yesterday. Without much in the way of meaningful data, markets allowed themselves to be dictated by risk sentiment and economic narratives. GBP/EUR: the past year 1 Min 5 Min 1 Hr 1 Day 1 Wk 1...
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by Jonathan Cook | Jan 3, 2025
Sterling resumed its Sisyphean task of pushing back against a dominant US dollar yesterday. While initially unsuccessful, the pound proved last year it can pack a punch should the US dollar falter. GBP/USD: the past year 1 Min 5 Min 1 Hr 1 Day 1 Wk 1...
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by Jonathan Cook | Jan 3, 2025
A scorching start to 2025 for the US dollar saw it record a daily advance of over 1% against both the pound and the euro. By yesterday afternoon, GBP/USD had fallen to its lowest level in eight months. Things were quiet in European markets, although this morning’s...
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