by Julian Benson | Oct 18, 2024
The US Dollar Index (DXY) continued to rally on Thursday as headlines poured in forecasting a possible Trump win in the November presidential elections. For more guidance on where your exchange rate could be this time next month and beyond, download your free copy of...
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by Julian Benson | Oct 18, 2024
During the ECB’s October meeting, president Lagarde revealed the decision to lower the bank’s three key interest rates was unanimous. The deposit facility, main refinancing operations and marginal lending facility rates now stand at 3.25%, 3.40% and 3.65%,...
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by Julian Benson | Oct 18, 2024
Earlier this week, we heard that the UK headline inflation fell to 1.7%, the lowest it’s been since 2021. This movement puts inflation back in the central bank’s 2% territory which is likely welcome news to chancellor, Rachel Reeves, who is to deliver her first budget...
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by Julian Benson | Oct 18, 2024
The European Central Bank chose to lower interest rates yesterday by 0.25%, taking the headline rate to 3.25%. Markets had come to expect that judgement over the past few weeks, which meant the impact on the euro was contained to minor losses against the pound and the...
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by Jonathan Cook | Oct 17, 2024
Just weeks before the election, the US dollar is lapping up any chance to fly below the radar. At least for now, it has made advances against its continental rivals but those could prove short-lived as the data resumes and focus shifts to 5 November. EUR/USD: the past...
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