by Jonathan Cook | Jun 3, 2024
Consumer spending rose by 0.2% in April, well down from March’s 0.7% growth. With income also on a downward trajectory, that prompted some US dollar softness on Friday afternoon. EUR/USD: the past year 1 Min 5 Min 1 Hr 1 Day 1 Wk 1 MthFrom To For more on...
read more
by Jonathan Cook | Jun 3, 2024
Thursday and Friday’s inflation news gave the ECB pause for thought. The euro briefly climbed as the prospect of rate cuts appeared diminished, but that appeared to be something of a kneejerk reaction. Whatever happens, the euro is likely to see volatility this week...
read more
by Jonathan Cook | Jun 3, 2024
The UK will be going to the polls in just over a month, and for the pound, the countdown has well and truly begun. Sterling has ridden the wave well so far, but there’s plenty of time for markets to shift between now and July. GBP/USD: the past year ...
read more
by Jonathan Cook | Jun 3, 2024
Last week’s glut of European inflation figures raised the stakes for the European Central Bank (ECB), which is preparing to announce its latest interest rate decision on Thursday (6 June.) All signs had pointed to it becoming the first major central bank to cut...
read more
by Christopher Nye | May 31, 2024
For the US dollar the big event will be personal income and expenditure later today. USD/GBP past year 1 Min 5 Min 1 Hr 1 Day 1 Wk 1 MthFrom To For more on currencies and currency risk management strategies, please get in touch with your Smart Currency Business...
read more
