by Christopher Nye | Mar 8, 2024
Sterling bobbed to the surface again yesterday, despite the grim state of the nation’s finances according to some analysts, if not the chancellor, making his round of the TV studios post-budget. Next week starts a fresh round of high-level data, starting with...
read more
by Charles Purdy | Mar 8, 2024
The euro lost out to sterling yesterday but gained on the US dollar, after the European Central Bank (ECB) kept interest rates on hold – as expected – and said that inflation was falling faster than forecast. While GBP/EUR strengthened for a while, it didn’t last....
read more
by Jonathan Cook | Mar 7, 2024
The German balance of trade increased to a surplus of €27.5bn in January, well above the expected €23.6bn. After some dark times, that’s actually the largest German trade surplus on record with exports to the EU particularly strong. GBP/EUR: the past year 1 Min 5 Min...
read more
by Jonathan Cook | Mar 7, 2024
The US labour market finally hit a bump in the road in January. The number of job openings fell, so the question became whether this was a mere blip or a sign that the labour bubble has burst. It’s an intriguing question, and one that Jerome Powell may touch on in his...
read more
by Jonathan Cook | Mar 7, 2024
A lack of nasty surprises in the budget helped the pound navigate the latest fiscal event with limited volatility. As always in currency markets, there are roadblocks on the horizon, but sterling buyers can for now sleep easy knowing the budget is behind them....
read more
