by Christopher Nye | Nov 15, 2024
The dollar has been all-conquering again this week, with economic performance looking good. Will the USA’s economic data continue to point away from an interest rate cut in December? This afternoon there will be retail sales data to look at as we approach...
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by Christopher Nye | Nov 15, 2024
The single currency has recovered a little after its post-US election decline, but EUR/USD is still 3% than a month ago. The week ends with final inflation results in some euro economies, including France and Italy. EUR/USD past year 1 Min 5 Min 1 Hr 1 Day 1 Wk 1...
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by Christopher Nye | Nov 15, 2024
Sterling has slipped further in early trading this morning, particularly against the euro, as markets consider the decline in GDP in September. Next week the data ramps up, with inflation on Wednesday. GBP/EUR past year 1 Min 5 Min 1 Hr 1 Day 1 Wk 1 MthFrom To...
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by Charles Purdy | Nov 15, 2024
Sterling has reached the end of the week slightly down against the euro and 2.5% down against the US dollar. The euro has weakened by a similar amount against a resurgent dollar, which is stronger by at least 2% against most major rivals. Its strength has come from...
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by Jonathan Cook | Nov 14, 2024
Fed chair Jerome Powell faces the media again on Thursday and can expect many more questions about his relationship with Donald Trump. Powell was notably frosty in answering those questions last week but US markets certainly see the politics of central banking as a...
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