by Jonathan Cook | Jul 30, 2024
The Bank of England are expected to cut interest rates on Thursday… but only just. Five of the nine policymakers are predicted to vote in favour of a decrease to 5% but just one vote either way could swing things. GBP/USD: the past year 1 Min 5 Min...
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by Jonathan Cook | Jul 30, 2024
Sterling faced off against several sources of pressure in Monday’s trading, the most serious of which is the Bank of England’s upcoming interest rate decision. While GBP/EUR climbed by half a cent, the pound struggled to generate real traction against the US dollar...
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by Charles Purdy | Jul 29, 2024
Sterling has wilted overall over the past two weeks against both the euro and US dollar, with a fall of over 0.5% against the euro since last Tuesday. That has accelerated so far this morning. If you are concerned that, for example, your property-buying budget...
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by Julian Benson | Jul 29, 2024
The Federal Reserve is expected to keep rates unchanged at 5.5% as it moves closer to a pivot on monetary policy as early as September. USD/EUR: the past year 1 Min 5 Min 1 Hr 1 Day 1 Wk 1 MthFrom To For more on currencies and currency risk management...
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by Julian Benson | Jul 29, 2024
On Wednesday, the euro area inflation for July is expected to fall from 2.5% to 2.3%, taking another step towards the European Central Bank’s 2% target. Before then, the spotlight remains on the euro area’s economic performance for the second quarter of 2024, which is...
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