by Jonathan Cook | Jun 27, 2024
US GDP growth is expected to have slowed to 1.3% in the first quarter of 2024. That would be a steep drop off from last quarter, so all attention will be on the data this afternoon. EUR/USD: the past year 1 Min 5 Min 1 Hr 1 Day 1 Wk 1 MthFrom To For more on...
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by Jonathan Cook | Jun 27, 2024
Aside from Friday’s inflation figures, there isn’t too much on the schedule for the eurozone between now and the weekend. That means the euro could well drift until the start of next week, when markets will be anxiously awaiting the results from the first round of the...
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by Jonathan Cook | Jun 27, 2024
Sterling’s strong start to June feels like a long time ago. Over the past two weeks, GBP/USD has sank by almost 1.5%, while the pound has fallen off its highs against the euro. GBP/USD: the past year 1 Min 5 Min 1 Hr 1 Day 1 Wk 1 MthFrom To...
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by Jonathan Cook | Jun 27, 2024
The US dollar was the main beneficiary of an extremely risk averse tone in currency markets on Wednesday. Investors flocked to the US dollar and away from the pound and euro, which was particularly noteworthy given the proximity to elections in the UK and France....
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by Charles Purdy | Jun 26, 2024
The pound surged against the euro yesterday, and although the gains were not huge, they take GBP/EUR back to around 1% better than the start of the month and within touching distance of those two-year highs we got so excited about recently. Worth locking in for the...
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