by Jonathan Cook | Nov 13, 2024
The latest ZEW report gave an insight into the euro’s recent struggles. Through the lens of German respondents, it’s possible to see a current of political uncertainty. From Trump to Scholz, the single currency is being weighed down by an unstable landscape. A serious...
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by Jonathan Cook | Nov 13, 2024
The pound faces a tough stretch to the end of the year now that markets have digested the employment report. The Bank is in a bit of a bind: does it cut rates to reduce unemployment or hold them to prevent increased earnings resulting in resurgent inflation....
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by Jonathan Cook | Nov 13, 2024
The pound took a bit of a battering on Tuesday as September’s unexpectedly poor employment report triggered a steep fall. Given its recent strength, GBP/EUR’s fall of three quarters of a cent meant it only retreated to where it ended last week. Yet against the US...
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by Jonathan Cook | Nov 12, 2024
American markets fell silent yesterday to mark Veterans Day. Such is the US dollar’s current strength that interest from the rest of the world is enough to make up for a lack of domestic trades. Since last Tuesday, the US dollar has picked up a cent and a half against...
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by Jonathan Cook | Nov 12, 2024
After turmoil in Berlin, the euro needs some sign of strength from its economic juggernaught. Today’s ZEW economic sentiment index is its chance to provide that, although markets predict a further demoralising fall in that metric. GBP/EUR: the past year 1 Min 5 Min 1...
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