by Julian Benson | Jan 23, 2024
The US dollar started the week on the back foot due to a lack of market-moving data. Later this week, economists will receive figures for the US GDP and personal consumption expenditures price index. USD/EUR: the past year 1 Min 5 Min 1 Hr 1 Day 1 Wk 1 MthFrom To...
read more
by Julian Benson | Jan 23, 2024
The US dollar fluctuated by just under half a cent against the pound yesterday in the absence of higher-tier data releases, ending the day marginally down. While marginal movements might not seem drastic, they all add up. For example, the pound is currently trading...
read more
by Charles Purdy | Jan 22, 2024
Sterling has managed to get through the sniper’s alley of high-level data releases unscathed and, indeed, close to its highest level for the past year. It is currently just 0.8% down on its best rate of the past year and a good 5% up on its weakest point. If you wish...
read more
by Jonathan Cook | Jan 22, 2024
The US dollar had a solid week, notching notable gains against the pound and the euro. The US economy keeps growing, even amid higher interest rates and a massive dose of uncertainty. Thursday’s GDP figures are expected to show economic activity expanded by 2% in the...
read more
by Jonathan Cook | Jan 22, 2024
The euro shed about a quarter of a per cent against the pound while EUR/USD dipped by around half a per cent last week. If recent comments from ECB policymakers are anything to go by, we shouldn’t be expecting any interest rate cuts soon. Christine Lagarde led a...
read more
