by Christopher Nye | Feb 21, 2024
Sterling weakened by close to 1% against the euro from its six-month high a week ago, after the governor of the Bank of England suggested that interest rates could come down before the inflation rate hit its target of 2%. Today the pound may have been boosted by...
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by Jonathan Cook | Feb 21, 2024
Just as Donald Trump is forced to sell trainers to raise funds, Joe Biden had a record month for donations. The incumbent’s war chest now sits at $130mn, the largest amount raised by a Democrat at this stage of the campaign cycle. USD/EUR: the past year 1 Min 5 Min 1...
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by Jonathan Cook | Feb 21, 2024
Ursula von der Leyen announced on Monday that she will be seeking a second term as president of the European Commission. Political figures and their appointments tend to have tangible effects on exchange rates, so her campaign will be one to watch for euro buyers....
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by Jonathan Cook | Feb 21, 2024
Andrew Bailey stole the headlines yesterday for his comments on interest rates and inflation, but he also made some interesting remarks about economic growth. Bailey predicted that the UK’s recession would be a short one, and that a fall in inflation would rapidly...
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by Jonathan Cook | Feb 21, 2024
The pound fell to near its lowest point against the euro since the beginning of the year yesterday, at one point down by almost 1% since last week. Sterling later recovered to finish almost unchanged against the euro and GBP/USD rose by 0.5%. The euro meanwhile...
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