by Christopher Nye | Oct 17, 2025
It was all green on the charts for the euro yesterday, with large gains on the various sinking dollars. There is a real dearth of data next week, and we have to wait until the Purchasing Managers Index (PMI) on Friday for anything very meaty. EUR/USD past year 1 Min 5...
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by Christopher Nye | Oct 17, 2025
The gains for sterling were against the various dollars yesterday – with surges against the Australian, Canadian and US dollars. It’s a quiet end to the week for data but the big event of next week is inflation on Wednesday. No respite from the current high levels of...
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by Charles Purdy | Oct 17, 2025
There’s been no mistaking the recent direction of travel for the pound against the euro. Having lost close to 4% since the start of summer, the past two weeks have seen GBP/EUR trying and failing to gain lift off. Yesterday was another such day, with a sharp rise and...
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by Jonathan Cook | Oct 16, 2025
The US and China traded barbs over several economically significant foodstuffs yesterday. China responded to rising trade tensions with a threat to cease buying American soybeans. President Trump countered that by suggesting his nation might stop buying Chinese...
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by Jonathan Cook | Oct 16, 2025
A minor industrial output survey was the highlight of a quiet day for the euro, which saw early gains against the pound slip away into a third-cent loss. In that survey, manufacturing output fell by 1.2% in August, better than the predicted 2.2% decline but a sharp...
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