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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by Jonathan Cook | Apr 30, 2024
The eurozone’s manufacturing sector was particularly glum in April. In fact, confidence among the group fell to its lowest level since July 2020, when the threat of the pandemic hung over factories. GBP/EUR: the past year 1 Min 5 Min 1 Hr 1 Day 1 Wk 1 MthFrom To...
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by Jonathan Cook | Apr 30, 2024
The pound made a welcome return to its range against the euro and the US dollar from before the recent selloff. Whether that level stays for the longer term is anyone’s guess. 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 | Apr 30, 2024
The pound recovered to its best level against the euro in around two weeks yesterday and made smaller gains against the US dollar. GBP/EUR returned to the range it had been trading in after Easter as the storm clouds of interest rate speculation and comments from...
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by Charles Purdy | Apr 29, 2024
Sterling starts the week in a much better position than last Monday, having gained around 0.7% against the euro and 1.3% against the US dollar. The pound’s strength against USD has come from the diminishing expectations of early interest rate cuts from the US Federal...
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