by Jonathan Cook | Apr 10, 2024
Currency markets have been unusually quiet to begin this week but some juicy economic events promise to shake things up. First up is US inflation data today, the prospect of which helped to dampen any big moves across Monday and Tuesday. Inflation is a hugely...
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by Jonathan Cook | Apr 9, 2024
US inflation figures on Wednesday will be the key test for the US dollar this week, particularly after last week’s jobs data. Analysts are expecting inflation to fall slightly to 3.7%, but the spotlight will be intense, which could fuel more volatility. EUR/USD: the...
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by Jonathan Cook | Apr 9, 2024
Germany’s trade surplus shrinking would normally have analysts jumping up and down. However, February’s fall was from a record surplus in January and it still remains well above historical averages. 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 | Apr 9, 2024
Sterling looks set to benefit from a slightly low key start to the week. There aren’t very many landmines leading up to Friday’s GDP numbers, but we know from experience that when markets do move, it can often prove ruinous to your next transaction. GBP/USD: the past...
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by Jonathan Cook | Apr 9, 2024
Markets were a bit more upbeat to begin the week, which helped the pound and the euro gain a touch of momentum against the US dollar. GBP/USD gained around half a cent over the course of Monday, while EUR/USD also trended upwards by around 0.25%. There was little for...
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