by Charles Purdy | Nov 13, 2024
The pound took a bit of a battering yesterday, as September’s unexpectedly poor employment report triggered a fall. However, given its recent strength, GBP/EUR’s fall of three quarters of a cent meant it only retreated to where it ended last week. Against the US...
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by Jonathan Cook | Nov 13, 2024
Today’s inflation data represents the first real test (outside of the Federal Reserve’s widely expected decision last week) since the election. Inflation is projected to have remained largely unmoved in October but the slightest of falls could be the difference...
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by Jonathan Cook | Nov 13, 2024
The latest ZEW report gave an insight into the euro’s recent struggles. Through the lens of German respondents, it’s possible to see a current of political uncertainty. From Trump to Scholz, the single currency is being weighed down by an unstable landscape. A serious...
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by Jonathan Cook | Nov 13, 2024
The pound faces a tough stretch to the end of the year now that markets have digested the employment report. The Bank is in a bit of a bind: does it cut rates to reduce unemployment or hold them to prevent increased earnings resulting in resurgent inflation....
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by Jonathan Cook | Nov 13, 2024
The pound took a bit of a battering on Tuesday as September’s unexpectedly poor employment report triggered a steep fall. Given its recent strength, GBP/EUR’s fall of three quarters of a cent meant it only retreated to where it ended last week. Yet against the US...
read more
