by Jonathan Cook | Sep 18, 2024
More grim economic data from Germany made bleak reading for the euro on Tuesday. The ZEW survey found perceptions of current conditions and the future outlook had both fallen, indicating the scale of the challenge the eurozone now faces. GBP/EUR: the past year 1 Min 5...
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by Jonathan Cook | Sep 18, 2024
Sterling started Wednesday on the rise after August’s inflation failed to budge from the month before. The pound could make further moves today as markets mull the complex decision the Bank of England is eyeing tomorrow. GBP/USD: the past year 1 Min...
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by Jonathan Cook | Sep 18, 2024
Better than expected retail sales helped the US dollar steady itself ahead of the Federal Reserve’s highly anticipated interest rate decision this evening. After falling through the European session, news that American retail sales ticked up by 0.1% month-on-month in...
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by Julian Benson | Sep 17, 2024
Both the pound and the euro made decent gains against the US dollar yesterday, as odds for a US rate cut increased ahead of the Federal Reserve’s policy meeting tomorrow. Pound investors expect the Bank of England to keep interest rates unchanged at 5.0% on Thursday,...
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by Julian Benson | Sep 17, 2024
Ahead of a few high-level economic releases this week, US dollar investors will look to US retail sales for impetus this afternoon. Having lost 0.4% and 0.25% against the pound and euro, respectively, on Tuesday, traders will be seeking short-term opportunities to...
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