by Jonathan Cook | May 30, 2024
After a string of blistering performances, the pound finally became reacquainted with reality on Wednesday afternoon. Sterling lost over half a cent against the US dollar and fell back from 21-month highs against the euro. For its part, the euro also lost some value...
read more
by Charles Purdy | May 29, 2024
Sterling’s positive spring continued yesterday, with GBP/EUR reaching its strongest position since the summer of 2022. However, sterling against the euro is still only marginally above the levels it reached in January, so could the recent gain be as good as it gets?...
read more
by Jonathan Cook | May 29, 2024
A handful of Federal Reserve speeches are dotted around today, but the US dollar is awaiting significant data later in the week. The second GDP estimate and personal income and spending metrics are likely to have a bigger impact on the dollar than the events of...
read more
by Jonathan Cook | May 29, 2024
European attention turns to Germany in the middle portion of this week. Of particular importance is German inflation, which is forecast to have increased to around 2.4%-2.5% in May. GBP/EUR: the past year 1 Min 5 Min 1 Hr 1 Day 1 Wk 1 MthFrom To...
read more
by Jonathan Cook | May 29, 2024
Sterling has showed no sign of forfeiting its momentum during early stages of the election campaign. In fact, the pound has touched highs against its main rivals, which means the question is how long it can maintain this strength was risks appearing in the short and...
read more
