by Jonathan Cook | Sep 19, 2024
While the euro ceded some ground to the pound yesterday, that was at least tempered by a better day against the US dollar. The euro will need better news on the economic front to cement a higher standing. 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 | Sep 19, 2024
After the Fed’s decision, Andrew Bailey and co may well be feeling the heat today. Sterling will be keenly invested in the decision at noon, as will many more businesses, homeowners and private investors across the land. GBP/USD: the past year 1 Min...
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by Jonathan Cook | Sep 19, 2024
The Federal Reserve announced the first cut to interest rates since 2020 in a decision with broad implications for the US dollar and other major currencies. After a long period of uncertainty, Fed chair Jerome Powell confirmed an unusually aggressive 0.5% cut to...
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by Charles Purdy | Sep 18, 2024
The pound has ebbed and flowed over the past 24 hours in response to speculators betting on whether the Bank of England will lower interest rates at its September meeting tomorrow. It is currently a little down since yesterday morning against the US dollar and euro,...
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by Jonathan Cook | Sep 18, 2024
You could make a real case for this being the most anticipated Fed decision of all time. For weeks, commentators have been prodding for details, and Donald Trump and Kamala Harris will be watching on ahead of the election. Powell is right to say this is not political,...
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