by Christopher Nye | Jun 25, 2024
Despite the euro’s improved position, the pound continues to stay at a level over 1.5% stronger than last year, while strengthening against the US dollar. There is little on the horizon to disrupt GBP from a data point of view today. GBP/EUR past year 1 Min 5 Min 1 Hr...
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by Charles Purdy | Jun 25, 2024
Sterling bounced back against the US dollar and to a lesser extent against most other currencies yesterday, while weakening slightly against a resurgent euro. GBP/EUR continued to soften, following a clear signal that the Bank of England will be cutting interest rates...
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by Charles Purdy | Jun 24, 2024
It’s been a more muted fortnight for sterling as it has drifted from its near two-year high of mid-June against the euro. However, it remains well above the average position of the past year and, indeed, the past five years’ average. To fix that rate, 1.5% up on this...
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by Jonathan Cook | Jun 24, 2024
Sterling had a tricky end to last week after the latest interest rate announcement from the Bank of England came with the caveat that the decision was finely balanced. GBP/USD fell to its lowest in over a month on Friday after the release of upbeat US manufacturing...
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by Jonathan Cook | Jun 24, 2024
HCOB German Manufacturing PMI fell to 43.4 in June, down from last month’s figure and well below forecasts of 46.4. New orders fell sharply and export sales declined at the fastest rate since March. GBP/EUR: the past year 1 Min 5 Min 1 Hr 1 Day 1 Wk 1 MthFrom To...
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