by Julian Benson | Aug 19, 2024
Steady UK retail sales data supported the pound on Friday, giving it the boost it needed against the euro to recover from early August lows. This morning, the pound has made marginal losses but remains 0.4% up since last week. Against the US dollar, the pound is...
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by Jonathan Cook | Aug 19, 2024
The Federal Reserve will likely be the big talking point for the US dollar this week. Will Jerome Powell and co drop any interesting hints as to their plans in Jackson Hole? Even if they don’t, the US dollar could move on the back of a single sentence from the top...
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by Jonathan Cook | Aug 19, 2024
The euro has basked in the serene glow of a relatively clear schedule recently. This week provides a bit more jeopardy, with PMI figures arriving that could threaten its recent platform. 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 | Aug 19, 2024
Ahead of a key stretch of data, sterling could have had a seriously damaging week last time out. Instead, the UK’s economy delivered on pretty much all counts, sending the pound to mulit-week highs against the euro and the US dollar. GBP/USD: the past year...
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by Jonathan Cook | Aug 19, 2024
Sterling navigated an onslaught of economic data last week to emerge stronger on the other side. The pound climbed by 0.5% against the euro while also rallying to the tune of one cent against the US dollar over the course of the week. The UK reported on unemployment,...
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