by Christopher Nye | Dec 9, 2024
It was a mixed week for the US dollar, with roughly 0.5% losses against the pound and euro but gains against commodity-backed currencies like the Canadian, New Zealand and Australian dollars. USD/GBP past year 1 Min 5 Min 1 Hr 1 Day 1 Wk 1 MthFrom To For more...
read more
by Christopher Nye | Dec 9, 2024
A difficult week for European politics – with the collapse of the French government – had little impact on the currency, which gained over the week against all but the pound and Swiss franc. The big event of this week is the interest rate decision on Thursday, with...
read more
by Christopher Nye | Dec 9, 2024
Last week saw sterling strengthen, returning close to its best since April 2022 against the euro and with 0.75% to 2% growth against the various dollars. This is a quiet week for data until GDP on Friday. GBP/EUR past year 1 Min 5 Min 1 Hr 1 Day 1 Wk 1 MthFrom To...
read more
by Charles Purdy | Dec 9, 2024
Sterling starts the week up on the euro and close to its best since March 2022. GBP/USD remains some 4% down on its September high but having enjoyed two weeks of improvement. While political turmoil has been grabbing the headlines from Seoul to Paris via Syria, the...
read more
by Christopher Nye | Dec 6, 2024
There were very few bright spots for the dollar yesterday as it lost between 0.25% and 0.75% against major rivals. This afternoon, being the first Friday of the month, we’ll hear Non-Farm Payrolls. After last month’s worst numbers for years, a major bounce-back is...
read more