by Jonathan Cook | Jul 8, 2024
US industry and labour data put the US dollar on the back foot to end last week. There’s still a bit of uncertainty as to what the numbers are telling us, but markets broadly interpreted them as a sign that the US economy was slowing. EUR/USD: the past year 1 Min 5...
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by Jonathan Cook | Jul 8, 2024
The euro rose by more than 1% against the US dollar over the course of last week. After this weekend’s election results, those gains could come under serious threat. GBP/EUR: the past year 1 Min 5 Min 1 Hr 1 Day 1 Wk 1 MthFrom To...
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by Jonathan Cook | Jul 8, 2024
Friday showed just how valuable certainty is in currency markets. After all the election bluster was put to bed, the pound made steady gains over the euro and the US dollar to enter the new week on a high. GBP/USD: the past year 1 Min 5 Min 1 Hr 1...
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by Jonathan Cook | Jul 8, 2024
Sunday’s final round of the French elections resulted in a surprise few could have predicted. After the far right won last week’s first round of voting, the hastily mobilised alliance between the far left and the green parties secured the most seats, but not enough to...
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by Christopher Nye | Jul 5, 2024
The US dollar lost across the board yesterday, ahead of Non-Farm Payrolls data that is expected to follow other recent results in showing a softening US economy. Analysts now swing 66% in expectation of the 0.25% interest rate cut from the Fed in September. USD/EUR...
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