by Christopher Nye | Aug 13, 2024
A mixed day for the dollar saw gains against those ‘safer’ currencies such as the Swiss franc and yen, and little movement elsewhere. This afternoon we’ll hear producer price inflation (PPI), ahead of tomorrow’s inflation data. USD/GBP past year 1 Min 5 Min 1 Hr 1 Day...
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by Charles Purdy | Aug 13, 2024
It was a quiet start to the week for sterling, with little movement ahead of the first of the big data releases this morning. However, a surprising result for employment and earnings just released by the Office for National Statistics (ONS) is likely to reduce the...
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by Jonathan Cook | Aug 12, 2024
The pound can ill afford to count its chickens yet. This week is a gauntlet of key data points. It would take a very brave person to bet that it will emerge on the other side completely unscathed. GBP/USD: the past year 1 Min 5 Min 1 Hr 1 Day 1 Wk 1...
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by Jonathan Cook | Aug 12, 2024
Without much data to be concerned about, the euro has been able to enjoy the show from a safe distance. EUR/USD returned another solid performance last week, a trend that may continue given the risks to the US dollar appear higher. GBP/EUR: the past year 1 Min 5 Min 1...
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by Jonathan Cook | Aug 12, 2024
The narrative around the US dollar has changed so fast that Wednesday’s inflation figures have become an afterthought. Now that markets have convinced themselves a rate cut is night, much more focus will be allocated to retail sales and consumer spending metrics....
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