by Jonathan Cook | Mar 6, 2024
Budget Day Eve saw gains of around half a cent for the pound against the euro and the US dollar. EUR/USD picked up by around 0.25% but it was a largely sleepy day for that currency pairing. After all the talk, Jeremy Hunt will step out from No. 11 Downing Street this...
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by Julian Benson | Mar 5, 2024
Bright and early tomorrow morning, investors will receive the latest figures for Germany’s trade surplus in January 2024. Markets forecast a reading of €23.6bn from €22.4bn in December 2023.
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by Julian Benson | Mar 5, 2024
On Friday this week, Federal Reserve chairman Jerome Powell is expected to remain hawkish. In his testimony, Powell may provide fresh insights on the timing of rate cuts.
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by Julian Benson | Mar 5, 2024
Record UK house prices and higher mortgage rates have driven first-time buyers into taking out loans over a longer period. Trading body UK Finance reported one in five first-time buyers in 2023 took out a mortgage of at least 35 years, compared to fewer than one in 10...
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by Julian Benson | Mar 5, 2024
The pound made marginal gains against the US dollar yesterday as economic data remained quiet and investors shifted positions ahead of Powell’s testimony and key US labour market data later in the week. The Turkish lira lost 0.65% against the US dollar yesterday as...
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