by Jonathan Cook | Oct 24, 2024
The US dollar posted another positive day against its competitors yesterday and even climbed against fringe rivals like the Japanese yen. With 12 days to go until the election, the US dollar has some way to go before it is out of the woods. EUR/USD: the past year 1...
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by Jonathan Cook | Oct 24, 2024
The euro was something of a mixed bag yesterday, falling against the US dollar but gaining ground over the pound. That came despite some comments from Christine Lagarde that may usually have stemmed any significant losses. GBP/EUR: the past year 1 Min 5 Min 1 Hr 1 Day...
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by Jonathan Cook | Oct 24, 2024
The pound is facing mounting pressure ahead of next week’s autumn budget and the next Bank of England rate decision. It’s little wonder that weakness is translating into multi-week lows but is that weakness here to stay or a flash in the pan? GBP/USD: the past year...
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by Jonathan Cook | Oct 24, 2024
The pound fell further against its closest rivals on Wednesday, as a Bank of England policymaker suggested the Bank would indeed cut interest rates at its November meeting. GBP/EUR shed around half a cent yesterday before the pound dropped near its lowest in two...
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by Charles Purdy | Oct 23, 2024
The pound has strengthened again against the euro, back up to the 2½ year high it reached almost a month ago. Against the dollar, however, while GBP has lost those September gains it remains a stonking 6.5% stronger than this time last year. The dollar’s recent gain...
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