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...
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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...
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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...
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by Jonathan Cook | Jan 31, 2024
The euro continued to strengthen on the back of weak growth and comments from the European Central Bank. The euro gained almost half a cent against the pound while climbing by 0.3% against the US dollar. Germany has found itself at the centre of a storm in recent...
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by Jonathan Cook | Jan 31, 2024
The pound lost half a cent to both the euro and the US dollar on Tuesday before recovering slightly in the evening session. Borrowing statistics out yesterday should not be lost amid the interest rate clamour. Most metrics of consumer lending tightened in the UK last...
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