by Charles Purdy | May 29, 2024
Sterling’s positive spring continued yesterday, with GBP/EUR reaching its strongest position since the summer of 2022. However, sterling against the euro is still only marginally above the levels it reached in January, so could the recent gain be as good as it gets?...
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by Jonathan Cook | May 29, 2024
A handful of Federal Reserve speeches are dotted around today, but the US dollar is awaiting significant data later in the week. The second GDP estimate and personal income and spending metrics are likely to have a bigger impact on the dollar than the events of...
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by Jonathan Cook | May 29, 2024
European attention turns to Germany in the middle portion of this week. Of particular importance is German inflation, which is forecast to have increased to around 2.4%-2.5% in May. GBP/EUR: the past year 1 Min 5 Min 1 Hr 1 Day 1 Wk 1 MthFrom To...
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by Jonathan Cook | May 29, 2024
Sterling has showed no sign of forfeiting its momentum during early stages of the election campaign. In fact, the pound has touched highs against its main rivals, which means the question is how long it can maintain this strength was risks appearing in the short and...
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by Jonathan Cook | May 29, 2024
Sterling’s strength carried over into the new week, as the pound remained within touching distance of its highest against the euro in over a year. GBP/USD is also at its highest for two months, while EUR/USD continued to make slow but steady gains. The UK bank holiday...
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