EUR: Is a rate cut on the horizon?

European Central Bank president, Christine Lagarde spoke to RTÉ Prime Time on Tuesday about rate cut expectations. “No predicament, no prescription, no commitment (…) if the data that we receive reinforces the confidence level that we have – that we will deliver...


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USD: Durable goods orders to decline

Tomorrow afternoon, US investors will receive the latest figures for US durable goods orders. Market forecasts expect a decline of 0.5% in April, from an increase of 2.6% in March, which marked the largest monthly advance since last...


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Pound climbs as PM calls UK election for July

The cameras were lined up outside number 10 Downing Street yesterday as prime minister, Rishi Sunak confirmed suspicions that a general election will take place on July 4th, saying he had requested the dissolution of Parliament from the King. The British pound...


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Sterling shoots to multi-week high

This morning, the pound shot up by nearly half a cent against the euro and the US dollar. To take advantage of this gain, which took GBP/EUR close to its highest rate for nearly two years, call your account manager on 020 7898 0541. They can fix today’s excellent rate...


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USD: Dollar soft ahead of minutes

Markets looked ahead to the publication of FOMC minutes tonight, which helped to limit any US dollar fightback. The question could be whether policymakers make similarly positive comments in the minutes as they have been at their string of appearances this week....


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