by Julian Benson | Feb 8, 2024
Despite a lack of high-level economic data released yesterday, the pound continued to strengthen against the euro. Sterling is currently 0.67% higher than this time last month and over 4% higher than this time last year. Why not lock in this rate with a forward...
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by Julian Benson | Feb 8, 2024
Economists recognised the pound as the best-performing G10 currency in January which gained 1.6% against the euro over the month. GBP/USD: the past year 1 Min 5 Min 1 Hr 1 Day 1 Wk 1 MthFrom To...
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by Julian Benson | Feb 8, 2024
This is what executive board member of the ECB, Isabel Schnabel said in conversation with the Financial Times. She also made comments that the data cautions the bank should it cut rates too soon. EUR/GBP: the past year 1 Min 5 Min 1 Hr 1 Day 1 Wk 1 MthFrom To...
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by Julian Benson | Feb 8, 2024
Speaking to Reuters, Federal Reserve governor Adriana Kugler said, they “remain focused on Fed’s inflation goal until confident inflation is returning durably to 2% target.” Their policy stance is currently restrictive and is well-positioned for the current...
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by Charles Purdy | Feb 7, 2024
Against the euro, sterling has been hovering close to the highs of last week, around an 18-month high, without quite surmounting this resistance level. Perhaps not hovering so much as lurching upwards and downwards in a manner all too familiar if you’ve ever taught a...
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