EUR: Another strong week

Suddenly, the euro’s trajectory seems notably more stable than that of its rivals. Another solid week brought a half-cent strengthening against the US dollar, and while the euro was little moved against the pound, it is still around two cents stronger compared to the...


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GBP: Services downgrade

Friday brought more bad news for the pound and the UK economy. S&P’s initial estimate of services output in September was revised down from 51.9 to 51, which probably prevented the pound from making more significant progress. GBP/USD: the past year               1...


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US dollar dips as shutdown enters second week

The US government shutdown rolls on into a fresh calendar week following Donald Trump’s threat of permanent layoffs and severe spending cuts for “Democrat” agencies. Sterling was able to regain half a cent against the US dollar to end last week, while trading mostly...


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USD: Flying blind

Both main parties are using the government shutdown to score political points. This is despite the impact it is having on labour market data and other core government activities. It might sound like a fringe concern, but being able to call on robust, verified data is...


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EUR: Unexpected unemployment

The eurozone’s jobless rate climbed unexpectedly from 6.2% to 6.3% in August. That didn’t seem to have much bearing on the euro, aside from instigating a modest fall against the US dollar. GBP/EUR: the past year 1 Min 5 Min 1 Hr 1 Day 1 Wk 1 MthFrom To...


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