by Jonathan Cook | Jan 5, 2024
This morning, we heard German retail sales fell more than expected in November, dropping by 2.5%, compared with forecasts of a 0.1% decline. This marks the biggest monthly decline since April 2022 and reverses the 1.1% growth seen in...
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by Julian Benson | Jan 4, 2024
Investors woke up to a dampened appeal for the pound yesterday as business pessimism and a bleak economic outlook weigh on the currency. 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 | Jan 4, 2024
The French inflation rate rose to 3.7% in December 2023 from 3.5%. Later today, the German inflation rate is expected to increase from 3.2% to 3.7% for the same period.
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by Julian Benson | Jan 4, 2024
The USD Index pulled back from its highest level in almost three weeks following the release of the ISM manufacturing PMI, which improved from 46.7 in November 2023 to 47.4 in December. For more on currencies and currency risk management strategies, please get in...
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by Julian Benson | Jan 4, 2024
The pound was on top form yesterday as it added over half a per cent against the euro and made marginal gains against the US dollar, but not enough to cancel out Tuesday’s losses. The US dollar did, however, gain 0.4% against the euro in Wednesday’s session following...
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