by Christopher Nye | Nov 18, 2024
After last week’s drop in the value of sterling, virtually across the board, what does this week hold? Not a great deal on the data front until midweek, when matters liven up considerably with the inflation reading. Then there is retail sales data and PMI on Friday....
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by Charles Purdy | Nov 18, 2024
Last week the economic data turned against sterling, with predictable results. The pound has lost close to 0.75% against the euro over the past week, 2% against the US dollar and somewhere between those two against other major rivals. Last week ended with GDP data...
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by Christopher Nye | Nov 15, 2024
The dollar has been all-conquering again this week, with economic performance looking good. Will the USA’s economic data continue to point away from an interest rate cut in December? This afternoon there will be retail sales data to look at as we approach...
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by Christopher Nye | Nov 15, 2024
The single currency has recovered a little after its post-US election decline, but EUR/USD is still 3% than a month ago. The week ends with final inflation results in some euro economies, including France and Italy. EUR/USD past year 1 Min 5 Min 1 Hr 1 Day 1 Wk 1...
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by Christopher Nye | Nov 15, 2024
Sterling has slipped further in early trading this morning, particularly against the euro, as markets consider the decline in GDP in September. Next week the data ramps up, with inflation on Wednesday. GBP/EUR past year 1 Min 5 Min 1 Hr 1 Day 1 Wk 1 MthFrom To...
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