by Jonathan Cook | Feb 28, 2024
The pound traded blows with the euro and the US dollar yesterday but ended what was a skittish session almost unchanged against both. After surging in the morning, EUR/USD also fall back to around parity in the afternoon’s trading. We’re now just one week out from the...
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by Jonathan Cook | Feb 28, 2024
In a speech yesterday, the Bank of England’s Dave Ramsden said policymakers needed “more evidence” of inflation falling before they could cut rates. The Bank have been recycling a similar soundbite for weeks, but it is an important one given the excitable tendencies...
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by Jonathan Cook | Feb 28, 2024
Just how bad is morale among European consumers? We’ll get the answer to that question today, as well as some broader opinions on attitudes to the economy at large. 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 | Feb 28, 2024
The US reported a sharp drop in durable goods sales over January. The figure was actually worse than it looked, falling by 7.3% month-on-month when you take out orders from the US defence industry. USD/EUR: the past year 1 Min 5 Min 1 Hr 1 Day 1 Wk 1 MthFrom To ...
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by Jonathan Cook | Feb 27, 2024
The UK data schedule is pretty sparse this week, but there’s no shortage of political intrigue. Various disputes still loom over Westminster, while Lee Anderson strongly defended his recent remarks yesterday. Politics can have a massive impact on currency markets, so...
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