by Jonathan Cook | Jun 17, 2024
When it isn’t fighting off a pound surge, the euro has struggled under pressure from the US dollar. After electoral drama in France, the euro is seeking something, anything to go right. Perhaps this week’s economic releases will provide an escape route,...
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by Jonathan Cook | Jun 17, 2024
Some economists are predicting that UK inflation fell to 1.9% in May. That’s significant due to the Bank of England’s target of 2%, considered the goldilocks region for price rises. In that event, expectations that the Bank will cut interest rates at...
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by Jonathan Cook | Jun 17, 2024
Sterling surged beyond recent highs against the euro last Friday, before a sharp change in tone meant the week ended on an altogether different note. Markets took a distinct turn to the safe-haven US dollar, as political and geopolitical threats helped depress demand...
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by Charles Purdy | Jun 17, 2024
Sterling remains close to its strongest point since August 2022 against the euro, and close to 5% up on the average of the past five years. It’s also riding high against the US dollar, but it is the euro’s weakness that’s the big story and that may...
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by Christopher Nye | Jun 14, 2024
The dollar recovered sharply from its losses on Wednesday, strengthening by two-thirds of a per cent against the euro and taking it to 1.4% up on the week. This afternoon there will be a reading of Consumer Sentiment from the University of Michigan. USD/EUR past year...
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