by Jonathan Cook | Jul 10, 2024
After the French election, the last thing the euro needed was to come under pressure from the US. However, Jerome Powell’s comments helped send the euro down yesterday afternoon. A boost is badly needed. 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 10, 2024
The new Labour government spent a long time making plans for when they entered government. Happily for the pound, this has already translated to the launch of several policies, including the National Wealth Fund. The hope is that this political stability continues and...
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by Jonathan Cook | Jul 10, 2024
The US dollar reversed its losses on Tuesday afternoon after comments from Federal Reserve chair Jerome Powell. The pound and the euro both fell by around half a cent post lunch, having risen slightly in the morning. In written testimony to US Congress, Powell pushed...
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by Julian Benson | Jul 10, 2024
Sterling made marginal losses yesterday against key currencies, the euro and US dollar, falling by 0.16% on Tuesday afternoon. Despite yesterday’s wobble, the pound is 0.85% higher than this time last week against the US dollar. If you were buying a $500,000 property...
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by Julian Benson | Jul 9, 2024
The pound strengthened to a four-week high against the US dollar yesterday amid expectations the Federal Reserve could cut borrowing costs in September. The pound added around 0.2% yesterday, marking its eighth consecutive day of gains against the US dollar. As...
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