by Christopher Nye | Dec 8, 2023
The single currency had a broadly positive day, while also losing heavily to a stronger yen. Germany’s inflation rate has just been confirmed for November at -0.4%, adding up to an annualised 3.2%. Next week the big data releases start on Tuesday with the ZEW Economic...
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by Charles Purdy | Dec 8, 2023
The pound weakened marginally against most currencies yesterday and majorly against the Japanese yen. There was little to excite the markets, and while the governor of the Bank of England Andrew Bailey did speak, it was mainly to warn against the risks of artificial...
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by Charles Purdy | Dec 8, 2023
Yesterday sterling gained against the US dollar and lost against the euro. While that ultimately ended in little change overall over the week, GBP/EUR remains close to a three-month high. There was a large loss against the Japanese yen, but no more than any other...
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by Julian Benson | Dec 7, 2023
Yesterday, all three major US stocks, the Nasdaq, S&P 500 and the Dow Jones pared gains to flatline as energy shares dropped as oil prices slipped by 3% following concerns surrounding supply. For more on currencies and currency risk management strategies, please...
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by Julian Benson | Dec 7, 2023
Tomorrow morning, (7am UK time) German inflation figures will be released. Economists forecast the annual rate to fall from 3.8% to 3.2%, while the monthly rate is expected to lose 0.4%. Should Germany’s consumer price inflation drop to 3.2%, it will be the lowest...
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