by Charles Purdy | Feb 9, 2024
Sterling continued its balancing act against the euro yesterday, extending its highest, longest run, close to an 18-month high where it has been since the end of January. Against the US dollar it also remains well above the average of the past two years, albeit...
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by Julian Benson | Feb 8, 2024
Despite a lack of high-level economic data released yesterday, the pound continued to strengthen against the euro. Sterling is currently 0.67% higher than this time last month and over 4% higher than this time last year. Why not lock in this rate with a forward...
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by Julian Benson | Feb 8, 2024
Economists recognised the pound as the best-performing G10 currency in January which gained 1.6% against the euro over the month. GBP/USD: the past year 1 Min 5 Min 1 Hr 1 Day 1 Wk 1 MthFrom To...
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by Julian Benson | Feb 8, 2024
This is what executive board member of the ECB, Isabel Schnabel said in conversation with the Financial Times. She also made comments that the data cautions the bank should it cut rates too soon. EUR/GBP: the past year 1 Min 5 Min 1 Hr 1 Day 1 Wk 1 MthFrom To...
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by Julian Benson | Feb 8, 2024
Speaking to Reuters, Federal Reserve governor Adriana Kugler said, they “remain focused on Fed’s inflation goal until confident inflation is returning durably to 2% target.” Their policy stance is currently restrictive and is well-positioned for the current...
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