by Christopher Nye | May 10, 2024
It was a broadly positive day for the single currency yesterday, strengthening against the yen and US dollar and ending slightly up on sterling. Several European Central Bank rate setters will be talking today. Next week starts fairly quietly, although there will be...
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by Christopher Nye | May 10, 2024
Sterling reaches the end of the week where it started against USD but 0.5% down against EUR. The high-level data continues next week, with unemployment and earnings on Tuesday. Watch out, too, for comments from Bank of England rate setters. The Bank’s chief economist...
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by Charles Purdy | May 10, 2024
After a busy day for the markets, sterling ended yesterday’s evening session slightly up on the US dollar but ultimately going nowhere against the euro despite all the noise. However, this morning the pound has edged upwards on the news that the British economy as...
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by Jonathan Cook | May 9, 2024
A rare quiet week for US data has allowed the US dollar to fly slightly under the radar. That is rarely possible, but a slight drop in risk appetite has attracted attention to the dollar all the while. EUR/USD: the past year 1 Min 5 Min 1 Hr 1 Day 1 Wk 1 MthFrom To...
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by Jonathan Cook | May 9, 2024
There was a time this year when the euro struggled on a weekly basis. That period thankfully seems to be behind it, with the single currency now able to fight off interest rate speculation with minimal effect. GBP/EUR: the past year 1 Min 5 Min 1 Hr 1 Day 1 Wk 1...
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