by Christopher Nye | Jul 19, 2024
A mixed week for USD arrives at Friday between 0.4 and 1.4% down on its top rivals over the whole week, as cooling inflation underlines the call for interest rate cuts. It’s a quiet end to the week for American data, with only some speeches by FOMC interest-rate...
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by Christopher Nye | Jul 19, 2024
It’s been a positive week for the euro on the whole, albeit with notable falls against the yen and Swiss franc and a move to fresh lows against the sterling. After the excitement of yesterday’s interest rate decision there is nothing much on the docket until next...
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by Christopher Nye | Jul 19, 2024
The pound has been both buffed up and buffeted by economic data, in a busy week – some data making the case for interest rate cuts and others against. Still, sterling remains strong. Economic reports quieten down next week, apart from the early, “flash” reading for...
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by Charles Purdy | Jul 19, 2024
After days in which sterling hit fresh two-year highs, the pound climbed down off its peak yesterday against both the euro and US dollar, with further small falls this morning. However, it remains almost 2.5% stronger than this time last year against the euro. Will...
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by Jonathan Cook | Jul 18, 2024
An increase in building permits only served to slow a US dollar fall. Markets are very much pricing in those Federal Reserve cuts, which has led to a painful drain in US dollar appetite over this week. EUR/USD: the past year 1 Min 5 Min 1 Hr 1 Day 1 Wk 1 MthFrom To...
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