by Jonathan Cook | Feb 29, 2024
Sterling has spent this week drifting for the most part. There hasn’t been much data to boost or dent the pound, while next week’s budget continues to occupy the thoughts of many. GBP/USD: the past year 1 Min 5 Min 1 Hr 1 Day 1 Wk 1 MthFrom To...
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by Jonathan Cook | Feb 29, 2024
The euro has found some respite in recent weeks, stabilising and even advancing slightly against its major rivals. A slew of inflation data from today threatens this fragile situation, as does next week’s interest rate decision from the European Central Bank. GBP/EUR:...
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by Jonathan Cook | Feb 29, 2024
Despite increasing by more than estimates (1.7%) the US Personal Cosumption Expenditure (PCE) index, which tracks the weighted cost of living for US households, increased by just 1.8% in the fourth quarter of 2023, the weakest growth since 2020. USD/EUR: the past year...
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by Jonathan Cook | Feb 29, 2024
Sterling lost around 0.15% to the euro on Wednesday while recovering to finish the day unchanged against the US dollar. EUR/USD also mounted an afternoon fightback after the release of US data. US GDP growth for the final quarter of 2023 was revised down from an...
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by Charles Purdy | Feb 28, 2024
The pound is reaching the end of the month nearly 3% stronger against the euro than the start of the month, but just a little down on the US dollar. Looking at the annual picture, however, GBP/EUR is up 3% and GBP/USD up 5%. So, as we approach what is traditionally...
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