EUR: Positive week for euro so far

A good day against the US dollar and yen were the high spots in a week where the EUR/USD has gained 0.8%. There’s a lot of lower level data coming in today, but on Monday matters liven up with Spanish and German inflation levels and then GDP on Tuesday. EUR/USD past...


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GBP: Pound rises despite dearth of data

Sterling gained as much as 0.5% against major rivals yesterday, taking the week’s gains on USD to 0.6% but approaching the end of the week marginally down on EUR. Overnight we have had GfK Consumer Confidence, which showed an improving picture, rising to -19, but...


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Surprise US data shakes up markets, boosts sterling

Sterling continued its upwards trajectory yesterday, powered against the US dollar by a surprise for US Gross Domestic Product (GDP). America’s economy grew by an annualised 1.6% in the first quarter of 2024, nearly halving from Q4 of 2023 and its worst since early...


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Euro edges higher against US dollar

While the pound remains largely unchanged against its major rivals, all eyes are on the euro-to-US dollar rate, which met fresh demand this morning, gaining close to 0.4%. The focus for the pairing remains on key US data. New orders for manufactured goods in the US...


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USD: Data-heavy Friday

Tomorrow, US dollar investors will have their eyes set on key economic releases, including the Core PCE price index, which is forecast to remain at 0.3%, as well as personal spending and income figures. USD/EUR the past year 1 Min 5 Min 1 Hr 1 Day 1 Wk 1 MthFrom To...


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