by Julian Benson | Oct 2, 2024
The US dollar was the top-performing currency yesterday, strengthening by a cent against the pound and just over half a cent against the euro. These gains were likely influenced by a surge in US job openings in August. The Bureau of Labor Statistics revealed that the...
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by Jonathan Cook | Oct 1, 2024
The US dollar fluctuated on Monday as currency markets looked to the Federal Reserve for guidance on interest rates. As has often been the case this year, interest rates expectations are having as large an impact on currency pairs as other economic indexes. EUR/USD:...
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by Jonathan Cook | Oct 1, 2024
Italian and German inflation figures will only turn up the volume for the ECB at its next meeting. Italian data in particular looks concerning, as do persistently poor manufacturing reads from over the summer. GBP/EUR: the past year 1 Min 5 Min 1 Hr 1 Day 1 Wk 1...
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by Jonathan Cook | Oct 1, 2024
If Keir Starmer and the Labour party needed a pick me up, news that quarterly growth came in at its highest since 2022 would have done nicely. Due to the importance Labour is placing on growth, the news will be a nice palate cleanser after the trials of last week’s...
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by Jonathan Cook | Oct 1, 2024
Another batch of inflation figures from the eurozone increased expectations that the European Central Bank (ECB) would cut interest rates by 0.25% at its October meeting. With German inflation falling by more than expected to 1.6% in September, GBP/EUR climbed by half...
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