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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by Jonathan Cook | Jan 22, 2024
The euro shed about a quarter of a per cent against the pound while EUR/USD dipped by around half a per cent last week. If recent comments from ECB policymakers are anything to go by, we shouldn’t be expecting any interest rate cuts soon. Christine Lagarde led a...
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by Jonathan Cook | Jan 22, 2024
Sterling lost a bit of value to the US dollar last time out, despite gaining by around 0.25% against the euro. The services-heavy UK economy will come under scrutiny this week with the S&P services PMI for January. The index is now in positive territory, and any...
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