by Jonathan Cook | Oct 21, 2024
It’s remarkable to think that the US presidential election is just two weeks away. It’s getting very real now for the US dollar, with markets spending a large portion of last week evaluating the impact of a victory for Trump or Harris. EUR/USD: the past year 1 Min 5...
read more
by Jonathan Cook | Oct 21, 2024
The euro fought back after the inevitable weakness that accompanied another ECB rate cut. However, its outlook is far from clear, particularly with risks mounting and the ECB thought to be pivoting to a more aggressive policy. GBP/EUR: the past year 1 Min 5 Min 1 Hr 1...
read more
by Jonathan Cook | Oct 21, 2024
The pound went down a path against its rivals that resembled a giant U last week, falling first before staging a stirring comeback. Less volatility would be good this week but currency markets are not exactly renowned for their stability. GBP/USD: the past year...
read more
by Jonathan Cook | Oct 21, 2024
Sterling’s recovery against the euro and the US dollar in the back end of last week came after several days of intense pressure. Having struggled to contain the impact of lower than expected inflation data, the pound grasped onto the European Central Bank’s (ECB)...
read more
by Charles Purdy | Oct 21, 2024
The pound strengthened against the euro last week following the European Central Bank’s (ECB) decision to cut its interest rate again. While gains for GBP/EUR may look small over the week (~0.4%) and month (~0.7%), when you see them over the longer term (up 5% on this...
read more
