by Julian Benson | Apr 16, 2024
Industrial output in the euro area rebounded by 0.8% month-over-month in February, recording a partial recovery from a revised downturn of 0.3% in January and meeting market expectations. 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 | Apr 16, 2024
Tomorrow morning, we’ll find out whether the Bank of England’s monetary policy has done enough to bring inflation closer to the Bank’s 2.0% target. The rate is currently at 3.4% but economists expect the rate to drop to 3.1% tomorrow. GBP/USD: the past year...
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by Charles Purdy | Apr 15, 2024
The pound hit a new four-week high against the euro on Friday but has slipped to its lowest point against the US dollar since mid-November. It’s all a reminder that while interest rates and domestic economic data will influence sterling – and pushed GBP/EUR upwards...
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by Jonathan Cook | Apr 15, 2024
Gradually, US markets have come to expect fewer interest rate cuts from the Fed this year. Employment data and resilient growth have made this conclusion inevitable, although the about face continues to boost the US dollar. EUR/USD: the past year 1 Min 5 Min 1 Hr 1...
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by Jonathan Cook | Apr 15, 2024
Christine Lagarde was at pains to point out the upside risks to inflation that remained at last week’s press conference. Much can change between now and June, but it still seems as though it is the likeliest time for the first ECB cut. GBP/EUR: the past year 1 Min 5...
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