by Jonathan Cook | May 7, 2024
European currencies had a strong finish before the UK bank holiday, as employment figures from the US provided a glimmer of hope that the Federal Reserve might cut rates sooner than previously thought. Perhaps the US economy is mortal after all. For months, analysts...
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by Julian Benson | May 3, 2024
US data came in hot and heavy yesterday as the trade deficit remained almost unchanged in March 2024, hovering close to a 10-month high. US unemployment claims held at a two-month low in the final week of April and US factory orders rose for the second consecutive...
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by Julian Benson | May 3, 2024
Despite seesawing this week, the euro heads into the Bank Holiday weekend largely unchanged against the US dollar compared to this time last week. GBP/EUR: the past year 1 Min 5 Min 1 Hr 1 Day 1 Wk 1 MthFrom To...
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by Julian Benson | May 3, 2024
Following Liz Truss’s disastrous mini-budget, UK politics have become a bit of a concern for pound sterling. Any change in Westminster has the potential to impact the pound, but as we well know, the markets are ever-changing and inherently volatile, so if you have a...
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by Julian Benson | May 3, 2024
Sterling heads into Bank Holiday weekend 0.3% higher against the US dollar and the euro on the week, benefiting from dovish messaging from the Federal Reserve and a lack of market-moving euro area data. UK local elections took place yesterday and the results are...
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