by Julian Benson | Jan 23, 2024
Ahead of the ECB announcement, the pound edged up close to one-fifth of a per cent against the euro. There is a lack of high-level data releases in the UK this week, so it remains in a reactive state, depending on foreign economic data to send it higher. GBP/USD: the...
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by Julian Benson | Jan 23, 2024
The US dollar started the week on the back foot due to a lack of market-moving data. Later this week, economists will receive figures for the US GDP and personal consumption expenditures price index. USD/EUR: the past year 1 Min 5 Min 1 Hr 1 Day 1 Wk 1 MthFrom To...
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by Julian Benson | Jan 23, 2024
The US dollar fluctuated by just under half a cent against the pound yesterday in the absence of higher-tier data releases, ending the day marginally down. While marginal movements might not seem drastic, they all add up. For example, the pound is currently trading...
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by Charles Purdy | Jan 22, 2024
Sterling has managed to get through the sniper’s alley of high-level data releases unscathed and, indeed, close to its highest level for the past year. It is currently just 0.8% down on its best rate of the past year and a good 5% up on its weakest point. If you wish...
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by Jonathan Cook | Jan 22, 2024
The US dollar had a solid week, notching notable gains against the pound and the euro. The US economy keeps growing, even amid higher interest rates and a massive dose of uncertainty. Thursday’s GDP figures are expected to show economic activity expanded by 2% in the...
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