by Charles Purdy | Feb 16, 2024
The pound fell almost across the board yesterday, largely wiping out the gains of the past week, and to around 1% down on the month against the Scandinavian and North American currencies. After a week of non-stop data there is nothing on the wires until Thursday, with...
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by Charles Purdy | Feb 16, 2024
The single currency gained closed to half a percent against the US dollar yesterday and a little less, overall, against the pound. A quiet start to the week next week for European data, with a wait until Wednesday for eurozone consumer confidence and PMI on Thursday....
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by Charles Purdy | Feb 16, 2024
The dollar slid sharply across the board yesterday. Next week there will be the minutes of the Federal Open Market Committee (the FOMC), giving a better clue as to the thinking of the Fed on interest rates. For more on currencies and currency risk management...
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by Charles Purdy | Feb 16, 2024
After hitting a six-month high earlier in the week, sterling took a tumble yesterday against the euro, falling by close to 1% from its highest point in the week between Wednesday morning and Thursday. The backdrop to GBP/EUR’s rocky week was an endless stream of the...
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by Jonathan Cook | Feb 15, 2024
January’s headline inflation read in the UK was unchanged from December at 4%, sending the pound down by around 0.4% against the euro and by a third of a per cent against the US dollar. The euro enjoyed a much better time of things on Wednesday, gaining against the...
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