by Julian Benson | Aug 21, 2024
The US dollar continued its losing streak against the euro yesterday, taking its monthly losses to 2.25%. The currency pairing reached a level not seen since the first trading day of January, likely influenced by highly anticipated rate cuts from the Federal Reserve...
read more
by Jonathan Cook | Aug 20, 2024
A Bank of America survey revealed around three quarters of economists believe the US economy will escape a recession. That’s a massive reversal in mood in such a short space of time, although markets continue to worry about geopolitics and what has been perceived as a...
read more
by Jonathan Cook | Aug 20, 2024
It isn’t just the pound that’s going well. EUR/USD has also made some impressive progress, ending Monday’s trading at its best since the very first days of 2024. GBP/EUR: the past year 1 Min 5 Min 1 Hr 1 Day 1 Wk 1 MthFrom To...
read more
by Jonathan Cook | Aug 20, 2024
Sterling’s ascent against the US dollar has put it within touching distance of its highest level this year. The pound has now recovered by almost three cents from where it was just a few weeks ago. GBP/USD: the past year 1 Min 5 Min 1 Hr 1 Day 1 Wk...
read more
by Jonathan Cook | Aug 20, 2024
Currency markets made a tentative start to the week, as focus remains drawn to political events and the Federal Reserve. Despite the lack of action, sterling clung onto recent gains over the euro and continued to make up ground on the US dollar. Global markets are...
read more
