by Jonathan Cook | Feb 1, 2024
The pound made gains against its major rivals yesterday ahead of the Bank of England’s interest rate decision today. If you’re looking to buy a house in the UK, you may perhaps have calculated that the smartest choice was to wait for prices to collapse. Well, there’s...
read more
by Jonathan Cook | Feb 1, 2024
The euro rally ended in resounding fashion yesterday, as GBP/EUR shook off a poor Tuesday to claw back much of its losses. Sterling was the bully in the playground on Wednesday as it bulldozed its way to a 0.5% gain over the US dollar at the same time. The dollar is...
read more
by Charles Purdy | Jan 31, 2024
Sterling took a beating yesterday against the euro but has recovered just as fast this morning and remains close to its highest level since summer 2022. To lock that in for the year ahead, call your trader on 020 7898 0541. At Smart Currency we like to avoid jargon...
read more
by Jonathan Cook | Jan 31, 2024
Sterling came under pressure in Tuesday’s session, losing around half a cent against the US dollar and falling off multi-month highs against the euro. GBP/EUR fell as more evidence of European economic stagnation arrived. Preliminary figures for German GDP in Q4...
read more
by Jonathan Cook | Jan 31, 2024
The US dollar was stable in Tuesday’s trading, as markets looked ahead to the key decision today. With a resilient labour market and steadying inflation, could the Fed cause a shock and cut interest rates? We’ll bring you the news in tomorrow’s edition, but the...
read more
