by Jonathan Cook | Aug 20, 2024
Currency markets made a tentative start to the week, as focus remains drawn to political events and the Federal Reserve. Despite the lack of action, sterling clung onto recent gains over the euro and continued to make up ground on the US dollar. Global markets are...
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by Julian Benson | Aug 19, 2024
Steady UK retail sales data supported the pound on Friday, giving it the boost it needed against the euro to recover from early August lows. This morning, the pound has made marginal losses but remains 0.4% up since last week. Against the US dollar, the pound is...
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by Jonathan Cook | Aug 19, 2024
The Federal Reserve will likely be the big talking point for the US dollar this week. Will Jerome Powell and co drop any interesting hints as to their plans in Jackson Hole? Even if they don’t, the US dollar could move on the back of a single sentence from the top...
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by Jonathan Cook | Aug 19, 2024
The euro has basked in the serene glow of a relatively clear schedule recently. This week provides a bit more jeopardy, with PMI figures arriving that could threaten its recent platform. GBP/EUR: the past year 1 Min 5 Min 1 Hr 1 Day 1 Wk 1 MthFrom To...
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by Jonathan Cook | Aug 19, 2024
Ahead of a key stretch of data, sterling could have had a seriously damaging week last time out. Instead, the UK’s economy delivered on pretty much all counts, sending the pound to mulit-week highs against the euro and the US dollar. GBP/USD: the past year...
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