by Julian Benson | Jun 26, 2024
This morning, we heard the GfK consumer climate indicator for Germany fell to -21.8 in July from -20.9 in June, underperforming against market expectations of -18.9. This marks the first decline in consumer morale in five months. GBP/EUR past year: 1 Min 5 Min 1 Hr 1...
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by Julian Benson | Jun 26, 2024
The economic calendar remains quiet this week for UK data, with no high-level data releases until next week’s General Election. In the meantime, the pound remains at the mercy of foreign data. GBP/USD past year: 1 Min 5 Min 1 Hr 1 Day 1 Wk 1 MthFrom To...
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by Julian Benson | Jun 26, 2024
There was little to report on the currency market yesterday due to a lack of high-level economic data. The pound rose 0.2% against the euro towards the end of the day and has continued to climb this morning. Pre-election polls in the UK showed that Labour and...
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by Christopher Nye | Jun 25, 2024
The dollar weakened across the board yesterday and by as much as a third of a percent (against the Aussie dollar). Coming up today is house price data. The most recent house price index showed US house prices at their highest ever, still rising at close to 7% in the...
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by Christopher Nye | Jun 25, 2024
The euro has started to stabilise again after its recent losses borne out of worries over political instability and interest rate cuts. We will shortly get a final reading for French GDP, but more influential is likely to be Germany’s GfK Consumer Confidence reading...
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