by Jonathan Cook | Dec 13, 2023
The euro chased back some of the US dollar’s gains yesterday while gaining around a third of a per cent on sterling. After last week’s healthier inflation reads, the eurozone could be forgiven for reacting to the latest ZEW survey with glee. The key German version...
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by Jonathan Cook | Dec 13, 2023
GBP/EUR lost around a third of a per cent this morning on the back of the UK’s weaker than expected GDP figures. Sterling was down around two-tenths of a per cent against the US dollar, a fall that began yesterday on the back of sticky US inflation data. UK...
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by Julian Benson | Dec 12, 2023
The US dollar made small gains against major rivals yesterday, although its progress did not seem to be driven by anything concrete. Today’s inflation reads are expected to show that decreases to both the cut and core rates slowed somewhat in November. Given...
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by Julian Benson | Dec 12, 2023
The euro fell slightly against the US dollar while trading mostly flat against the pound in yesterday’s session. It was a relatively sleepy start to the week for the euro market. Without much data to analyse, markets will keep an eye on the ZEW Economic Sentiment...
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by Julian Benson | Dec 12, 2023
GBP/EUR briefly climbed even higher on Monday, before it settled back into similar levels from last week. That’s still around the highest it’s been in three months. UK unemployment figures dipped down slightly, but the more significant read was probably the decline...
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