by Jonathan Cook | May 1, 2024
It’s not hard to see why American consumers are feeling uneasy. Every week, employment and wage data remains strong while the possibility of rate cuts recedes. They might find comfort in their economy’s remarkable resilience, but that will mean little to those making...
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by Jonathan Cook | May 1, 2024
Europe’s four biggest economies helped drag GDP growth firmly above expectations in the first quarter of the year. That’s a huge boost for policymakers and politicians alike, who will now hope inflation shows its lack of buoyancy. GBP/EUR: the past year 1 Min 5 Min 1...
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by Jonathan Cook | May 1, 2024
The pound has been largely a spectator this week, as it looks to build on its comeback against the euro while clawing back some value against the US dollar. 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 | May 1, 2024
Tuesday’s logjam of European data brought an impressive set of results, as multiple countries reported higher than expected GDP. Germany, France, Spain and Italy — known as the bloc’s ‘big four’ economies — all surprised to the upside on economic growth, which in turn...
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by Jonathan Cook | Apr 30, 2024
The US dollar must navigate a busy week, but perhaps it’s the dollar’s peers that should be worried. Jerome Powell may well give the US dollar a boost by adopting a more aggressive posture on rates than in previous Fed meetings. EUR/USD: the past year 1 Min 5 Min 1 Hr...
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