by Christopher Nye | Dec 31, 2024
It was a generally negative start to the week yesterday, with losses against the US, Canadian and Australian dollars and a hefty loss to the yen. There is no real data tomorrow, but Thursday perks up with final results for PMI and on Friday there is German...
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by Christopher Nye | Dec 31, 2024
There were losses of between 0.3% and 0.8% against major pairs yesterday, although against the euro the pound was relatively stable. Data releases don’t pick up until Thursday, with the Nationwide House Price index, and then mortgage approvals on Friday. GBP/USD past...
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by Charles Purdy | Dec 31, 2024
Sterling went into reverse gear yesterday, weakening by half a cent against the US dollar and as much as 0.8% against the Japanese yen. This doesn’t appear to be based on any particular market data, more about a slightly decreased attitude to risk that is supporting...
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by Charles Purdy | Dec 30, 2024
Sterling regained its footing on a sleepy first day of trading after Christmas. The pound recorded small advances over its competitors, although the lack of any meaningful data made it hard to get a sense of the broader direction. Inflation data just released in Spain...
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by Jonathan Cook | Dec 30, 2024
The pound ended last week with a streak of advances against its rivals, including more marginal currency pairs like GBP/JPY and GBP/CAD. If trading had stopped for the year on Friday, GBP/EUR would have finished with a yearly advance of over 4.5%. GBP/USD: the past...
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