by Charles Purdy | Feb 23, 2024
The pound had a positive day, maintaining its position within around 0.5% of an 18-month high against the euro and extending its 10-day run against the US dollar. Indeed, at one point yesterday GBP/USD came close to a month-long high, before slipping back. The cause...
read more
by Julian Benson | Feb 22, 2024
Ahead of the Fed’s minutes yesterday, the US dollar remained resilient edging up ever so slightly against the euro and pound but made marginal losses this morning ahead of PMI data. EUR/USD: the past year 1 Min 5 Min 1 Hr 1 Day 1 Wk 1 MthFrom To...
read more
by Julian Benson | Feb 22, 2024
The consumer confidence indicator in the euro area saw a 0.6-point increase in February to -15.5, beating expectations of -16.1. Across the European Union, sentiment edged up 0.4 points to -15.8. GBP/EUR: the past year 1 Min 5 Min 1 Hr 1 Day 1 Wk 1 MthFrom To...
read more
by Julian Benson | Feb 22, 2024
In a Guardian exclusive, data showed that UK food companies have paid an extra £170m to export foods of animal origin to the EU. The report also revealed that the value of meat products sent to the EU has been down by 17% since 2019. GBP/USD: the past year 1 Min 5 Min...
read more
by Julian Benson | Feb 22, 2024
After making marginal losses yesterday ahead of the Federal Reserve’s meeting minutes, the euro and pound surged against the US dollar this morning, adding 0.4% and 0.3%, respectively, ahead of euro zone and UK PMI data. After we logged off for the day, over in...
read more
