by Jonathan Cook | Jul 11, 2024
After a few days dominated by the Federal Reserve, it’s nice and reassuring to turn our attention to key data once again. US inflation figures will be scrutinised today, with experts predicting the headline number to fall to 3.1%. EUR/USD: the past year 1 Min 5 Min 1...
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by Jonathan Cook | Jul 11, 2024
The euro is taking an early Summer break this week. As the pound and the US dollar thrash it out, the euro has bobbed along in a stable range without the drama of last week to disrupt it. GBP/EUR: the past year 1 Min 5 Min 1 Hr 1 Day 1 Wk 1 MthFrom To...
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by Jonathan Cook | Jul 11, 2024
The pound rose to around its highest level against the US dollar in a month yesterday. Many will be hoping that the feelgood factor surrounding the change of government persists for a little while longer. GBP/USD: the past year 1 Min 5 Min 1 Hr 1...
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by Jonathan Cook | Jul 11, 2024
The UK economy expanded by 0.4% in May, well above forecasts in the 0.2% area. That matches March’s growth and comes after the economy recorded no growth in April. Sterling rose this morning against its rivals on the back of the news. GBP/USD was in touching distance...
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by Jonathan Cook | Jul 10, 2024
The above is a question many in the US would have been asking yesterday. Last week’s jobs data was widely interpreted as the first indisputable proof of economic slowdown. Evidently, this was not enough for Jerome Powell, who continued to advocate for caution on...
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