by Jonathan Cook | Dec 17, 2024
This morning’s German Ifo business climate survey should provide a little direction for an increasingly muted euro. With little significant European macro news to navigate before Christmas, the euro’s quest to finish the year strong may be more reliant on the poor...
read more
by Jonathan Cook | Dec 17, 2024
The crucial services sector is a fairly reliable barometer of the pound’s success. After hitting a 13-month low in November, it was no surprise to see the pound get a little bump after S&P Global services data recovered in December. That was just the start of the...
read more
by Jonathan Cook | Dec 17, 2024
Sterling enjoyed a promising start to the last significant week of 2024. Positive UK services data, coupled with some less chipper news from the land of European manufacturing, allowed the pound to add half a cent against both the euro and the US dollar. This...
read more
by Charles Purdy | Dec 16, 2024
Having broken through to an eight-year high last week, GBP/EUR promptly dropped by more than 1% at the end of the week and a similar amount against the US dollar. The gain midweek had been prompted by the European Central Bank (ECB) cutting its main interest rate from...
read more
by Christopher Nye | Dec 16, 2024
The dollar made sharp gains over the past week, including nearly 2.5% against the yen 1% against the pound. The big event is the interest rate decision from the US Federal Reserve on Wednesday. USD/GBP past year 1 Min 5 Min 1 Hr 1 Day 1 Wk 1 MthFrom To For more...
read more
