by Charles Purdy | Mar 4, 2024
There hasn’t been a lot to say about sterling lately. It has remained remarkably steady, and strong. Well worth considering fixing with a forward contract if you have a large transaction coming up overseas, and you value certainty over risk-taking. The reason for...
read more
by Jonathan Cook | Mar 4, 2024
The pound recovered intra-week losses of almost a cent against the US dollar on Friday, while GBP/EUR also rallied to end the week just 0.1% down. A week of ups and downs for the euro saw it eek out only marginal losses against the US dollar. If it’s not on your radar...
read more
by Jonathan Cook | Mar 4, 2024
Some commentators spend hours discussing the intersection of politics and economic management, but this year’s budget seems more political than most. For all the talk of adhering to the OBR’s targets, the Conservatives find themselves in a political bind. Just how far...
read more
by Jonathan Cook | Mar 4, 2024
For all the disappointment that eurozone inflation fell by less than expected, it should not be forgotten that the figure is still falling. Registering just 2.6% now, the ECB will surely be twitching to loosen borrowing costs, provided inflation doesn’t nudge up...
read more
by Jonathan Cook | Mar 4, 2024
The fact that US ISM manufacturing index undershoot expectations came as something of a surprise on Friday, particularly as the US economy steams ahead. The decline was driven by a fall in new orders, while a slightly better outlook for backlogs failed to move the...
read more
