by Julian Benson | Oct 31, 2024
The pound was able to recover early afternoon losses against the US dollar yesterday following news that the US economy expanded at a softer rate than expected in the third quarter of this year. GBP/USD: the past year 1 Min 5 Min 1 Hr 1 Day 1 Wk 1...
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by Julian Benson | Oct 31, 2024
Yesterday, UK chancellor of the Exchequer, Rachel Reeves unveiled £40 billion worth of tax rises to revive public spending. As a result, the pound lost over half a per cent against its major rivals, but later regained its strength against the US dollar. This morning,...
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by Charles Purdy | Oct 30, 2024
Sterling strengthened marginally against the euro yesterday, and a little more against the US dollar, but movements were muted ahead of today’s budget. However, even the slight improvement in GBP/EUR yesterday was enough for it to hit yet another highest point since...
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by Jonathan Cook | Oct 30, 2024
The US dollar has defied the traditional election volatility to stay remarkably stable this past month. Some analysts have suggested this is because a win by either candidate would be received well, with only a lengthy and tumultuous legal battle likely to affect the...
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by Jonathan Cook | Oct 30, 2024
With the eurozone’s growth numbers propped up by unlikely figures like Spain and Greece, a return to form by the bloc’s biggest economy would be a huge boon. Germany has started to show signs of recovery and further improvement in consumer confidence would suggest...
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