by Jonathan Cook | May 8, 2024
Sterling continues to struggle under the impression that the BoE will be quicker to loosen interest rates than the Federal Reserve. That may be a hard thing to shake, particularly as the excitement over recent US labour statistics begins to fade. GBP/USD: the past...
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by Jonathan Cook | May 8, 2024
Sterling got off to a rather subdued start to this shortened week, the result of geopolitical anxiety and the Bank of England’s (BoE) upcoming interest rate decision. The pound struggled to build momentum on Tuesday and treaded water against its main competitors....
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by Jonathan Cook | May 7, 2024
And just like that, the US labour market came tumbling back to earth. Adding 175k jobs in a month is not to be sniffed at, but there are finally signs that higher interest rates are beginning to be felt in the economy. EUR/USD: the past year 1 Min 5 Min 1 Hr 1 Day 1...
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by Jonathan Cook | May 7, 2024
The euro ended last week up against the pound and the US dollar. EUR/USD was particularly strong, climbing to its highest level since Easter. 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 | May 7, 2024
It’s a crunch week for the pound as both the BoE’s interest rate decision and GDP statistics represent stumbling blocks to recent progress. GBP/USD: the past year 1 Min 5 Min 1 Hr 1 Day 1 Wk 1 MthFrom To...
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