by Julian Benson | Feb 26, 2024
The pound and euro both ended last week in positive territory against the US dollar as the improving risk mood continues to make it difficult for the dollar to gather strength. On Friday, investors heard morale improved among German business leaders as the climate...
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by Charles Purdy | Feb 26, 2024
Sterling recovered on Friday against the euro, regaining its midweek losses and ending up around half a cent up. It seems that the markets decided that the UK economy is going to power out of the current technical recession, without any need for early interest rate...
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by Charles Purdy | Feb 23, 2024
The dollar was the loser yesterday, despite the surge in tech stocks, taking weekly losses to some 0.4% against the euro, pound and Aussie dollar and three times that loss against the main Scandinavian currencies. This was despite a better-than-expected weekly jobs...
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by Charles Purdy | Feb 23, 2024
The single currency shrugged off its biggest economy’s manufacturing woes and barely moved yesterday overall. However, over the course of the week it is up against most major currencies, including being 2.5% up on the Turkish lira. We will shortly get a reading for...
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by Charles Purdy | Feb 23, 2024
Sterling made gains yesterday following the PMI reading, and remains up on the week against all but the Swedish and Norwegian currencies. Next week will be quiet for data. GBP/USD past year 1 Min 5 Min 1 Hr 1 Day 1 Wk 1 MthFrom To...
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