by Julian Benson | Aug 28, 2024
The pound remained strong against major rivals yesterday, adding around a third of a per cent against the US dollar and euro, taking the GBP/USD rate to fresh two-year highs. This morning, however, the pound-to-US-dollar rate has started to slide. To lock in...
read more
by Julian Benson | Aug 27, 2024
Amid a weaker US dollar, investors will be eyeing top-tier US economic data due to come about this week in the hope that it will give the dollar the boost it needs. The focus this week will be the second estimate of the US gross domestic product, core personal...
read more
by Julian Benson | Aug 27, 2024
Sterling isn’t the only currency to benefit from the weaker US dollar, as the euro is currently trading just under 3% higher than this time last month. The pairing looks to Germany’s key data this week which will feature the final GDP growth rate for quarter...
read more
by Julian Benson | Aug 27, 2024
Despite recent gains, there are few high-level economic releases from Great Britain this week, therefore sterling remains at the mercy of political news and foreign economic data, which comes in hot and heavy this week. To lock in the strong pound, speak to your...
read more
by Julian Benson | Aug 27, 2024
Sterling ended last week on a high against the US dollar, reaching levels not seen since March 2022, and held its position yesterday. This movement came following comments from Jerome Powell, chair of the Federal Reserve, who said “the time has come” for an interest...
read more
