by Julian Benson | Nov 24, 2023
A quiet day of trading left the single currency becalmed. However, there were modest gains on most currencies, and EUR/USD stretched its gain close to 3% for the month. After a host of PMI data yesterday and German GDP this morning, several members of the European...
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by Julian Benson | Nov 24, 2023
Sterling gained half a per cent on the euro in early trading yesterday, and while that was pared back in the afternoon GBP/EUR is some 0.75% up on the week and twice that amount against the US dollar. After a hectic two weeks of data and economic policy announcements,...
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by Julian Benson | Nov 24, 2023
Sterling enjoyed a positive day on Thursday, boosted by Purchasing Managers Index (PMI) data that was broadly more positive in the UK than in the eurozone. Overall, GBP approaches the end of a busy week around 0.75% stronger against the euro than at the start of the...
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by Jonathan Cook | Nov 23, 2023
The US dollar was the biggest mover in a session dominated by the UK chancellor’s set piece. The greenback strengthened against both the euro and pound before falling back near where it began the day in overnight trading. Yesterday showed how unpredictable currency...
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by Jonathan Cook | Nov 23, 2023
The euro had a strong day, notching solid gains against the pound and the US dollar. Germany’s manufacturing PMI index for November beat expectations in a sign that there is life yet in Europe’s largest economy. While still well below recent years, an improvement in...
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