by Charles Purdy | Apr 26, 2024
Sterling continued its upwards trajectory yesterday, powered against the US dollar by a surprise for US Gross Domestic Product (GDP). America’s economy grew by an annualised 1.6% in the first quarter of 2024, nearly halving from Q4 of 2023 and its worst since early...
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by Julian Benson | Apr 25, 2024
While the pound remains largely unchanged against its major rivals, all eyes are on the euro-to-US dollar rate, which met fresh demand this morning, gaining close to 0.4%. The focus for the pairing remains on key US data. New orders for manufactured goods in the US...
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by Julian Benson | Apr 25, 2024
Tomorrow, US dollar investors will have their eyes set on key economic releases, including the Core PCE price index, which is forecast to remain at 0.3%, as well as personal spending and income figures. USD/EUR the past year 1 Min 5 Min 1 Hr 1 Day 1 Wk 1 MthFrom To...
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by Julian Benson | Apr 25, 2024
The euro soared to a position not seen since April 12 against the US dollar this morning as demand in the early European session supported the euro. Despite these gains, EUR/USD is over 1% lower than last month. GBP/EUR: the past year 1 Min 5 Min 1 Hr 1 Day 1 Wk 1...
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by Julian Benson | Apr 25, 2024
UK car production declined 27.1% in March, breaking the six-month consecutive monthly growth streak. This comes as manufacturers adjust for the next generation of cars, which are mainly electric. GBP/USD: the past year 1 Min 5 Min 1 Hr 1 Day 1 Wk 1 MthFrom To...
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