by Julian Benson | Sep 10, 2024
With few high-impact economic releases to look forward to early this week, euro investors brace themselves for the latest interest rate decision from the European Central Bank on Thursday. Markets forecast the rate to fall from August’s 4.25% to 4.0%. If all goes to...
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by Charles Purdy | Sep 9, 2024
The pound continued its very slow drift lower against the US dollar and euro on Friday. The causes are so complicated – based around the US economy and interest rates – and the drop so minor that it’s probably a day for seeing the bigger picture. Which is that...
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by Jonathan Cook | Sep 9, 2024
Wednesday’s inflation figures could be key in determining the speed of the Federal Reserve’s interest rate loosening. The headline figure is expected to fall from 2.9% to 2.7%, but a miss either way could send ripples through to the next decision. EUR/USD: the past...
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by Jonathan Cook | Sep 9, 2024
August’s committee minutes from the European Central Bank set the stage for a cut of 0.25% this week. The euro has performed well against the US dollar in particular to start the month. That platform could now be at risk. GBP/EUR: the past year 1 Min 5 Min 1 Hr 1 Day...
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by Jonathan Cook | Sep 9, 2024
The new Labour government are desperate for some economic good news after adopting doom and gloom messaging. July’s GDP figures are expected to present an improvement from June’s zero growth, although there is far more potential to be tapped down the line. GBP/USD:...
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