by Jonathan Cook | Sep 2, 2024
The pound can boast of multiple percentage point gains over the US dollar and the euro over the past few weeks. Some of that momentum has slipped away though, and more movements are to be expected as markets become busier again. GBP/USD: the past year...
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by Jonathan Cook | Sep 2, 2024
Inflation reads from key economies pointed to easing price pressures across the western world last week. For currency markets, that means focus has shifted squarely onto central banks, as the Bank of England (BoE), European Central Bank (ECB) and Federal Reserve all...
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by Jonathan Cook | Aug 30, 2024
For anyone betting against the American economy, we offer a short piece of advice: don’t. Growth in the second quarter was revised up to 3%, while personal income and spending figures due today could point to a further boon. EUR/USD: the past year 1 Min 5 Min 1 Hr 1...
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by Jonathan Cook | Aug 30, 2024
After Germany and Spain went first, its now the turn of France, Italy and the eurozone as a whole to report August’s first batch of inflation figures. Those statistics will go a long way to dictating the ECB’s direction at its September meeting. GBP/EUR: the past year...
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by Jonathan Cook | Aug 30, 2024
A few days of minor retreats have eroded little of sterling’s position. The pound is still flying high against the euro and the US dollar, but sustaining that momentum will be an extremely tough task. GBP/USD: the past year 1 Min 5 Min 1 Hr 1 Day 1...
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