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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by Julian Benson | Dec 12, 2023
Sterling started the week on the front foot, as GBP/EUR briefly climbed higher yesterday before falling back to around parity with last week’s levels. The US dollar gained around two-tenths of a per cent against the euro yesterday while GBP/USD was essentially...
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by Jonathan Cook | Dec 11, 2023
The US dollar climbed by nearly 1% against its major rivals last week, propelled by resilient economic performance and ongoing geopolitical risk. Data coming out of the US last week did serve to dampen expectations of imminent rate cuts from the Fed. The JOLTs job...
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