by Jonathan Cook | Dec 29, 2023
The US dollar staged a rebound on Thursday against recent advances from the pound and the euro. GBP/USD ended yesterday’s session 0.5% down, while EUR/USD sank by around four-tenths of a per cent after a strong showing after Christmas. There wasn’t exactly a wealth of...
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by Jonathan Cook | Dec 29, 2023
The pound lost over half a cent against the US dollar yesterday but regained most of its strength in this morning’s Asian session. House prices in the UK dropped more than expected in December, falling by 1.8% and easing from a 2% drop in November. It beat...
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by Julian Benson | Dec 28, 2023
The pound gained 0.8% against the US dollar yesterday, reaching levels not seen since August 2023 amid general dollar weakness and a lack of positive economic data. The euro is also on good footing. It’s on track to end 2023 nearly 3% higher against the US dollar...
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by Julian Benson | Dec 28, 2023
The US dollar lost 0.8% and 0.5% against the pound and euro, respectively, in Wednesday’s session. All eyes rest on the initial jobless claims figures which investors hope will boost the dollar. For more on currencies and currency risk management strategies, please...
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by Julian Benson | Dec 28, 2023
There is little data expected for the euro area this week, so its movement is likely to depend on US and UK data releases.
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