by Julian Benson | Oct 4, 2023
The pound lost almost a third of a per cent against the US dollar yesterday as US job openings data beat market expectations. The US Bureau of Labor Statistics reported the JOLTs job openings stood at 9.6 million on the last day of August, well above the forecasted...
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by Charles Purdy | Oct 3, 2023
The greenback gained strongly yesterday, by as much as 1% against the pound and Aussie, with the Dollar Index (DXY) reaching its highest level of 2023 at 107.00. However USD/CNY weakened markedly. This afternoon the US jobs market will be centre stage, with JOLTS job...
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by Charles Purdy | Oct 3, 2023
The euro lost close to 1% against the US dollar yesterday, but this was dwarfed by losses to the Chinese yuan of 1.8%. There was some movement against the pound but nothing that led anywhere by the end of the day. On the data front, at the eurozone level there were no...
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by Charles Purdy | Oct 3, 2023
A bit of a curate’s egg for sterling yesterday: good in parts, if we’re being polite. There were big falls against USD and CNY, but GBP/EUR at least stayed in the green, just. House price numbers were the highlight of what had seemed like a slow week for data....
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by Charles Purdy | Oct 3, 2023
Sterling resumed its downward trajectory against the US dollar yesterday, hitting its lowest point since mid-March. It was a choppy day against the euro but with no clear direction. The clear winner of the day was the US dollar, which made gains of around 1% on most...
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