by Jonathan Cook | Nov 30, 2023
The US dollar regained its footing in Wednesday’s session, advancing on the euro but giving some ground back to the pound after a strong start. There are a couple of consumer spending metrics to look out for today, although this portion of the week will likely be...
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by Jonathan Cook | Nov 30, 2023
Sterling is nearing two-month highs against the euro, having fought off a USD/GBP rally to open today in a similar position against the US dollar. Even as the Bank has attempted to stem the flow of credit through interest rates, October’s figures showed that new...
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by Jonathan Cook | Nov 30, 2023
The euro slid back against both sterling and the US dollar yesterday, those losses driven by a bevy of data which suggested the ECB’s policy rates were starting to feed through to the economy. Spain and Germany both unveiled promising inflation reads yesterday and...
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by Jonathan Cook | Nov 30, 2023
Sterling opened the day close to a two-month high against the euro, as eurozone data highlighted a tempering of inflationary pressures. USD/GBP had yesterday beat back recent sterling gains, before the pound rallied overnight and into the morning. With GBP/EUR trading...
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by Charles Purdy | Nov 29, 2023
Sterling hit its highest level against the euro for six weeks and against the US dollar since the end of August yesterday, as policymakers from the Bank of England travelled the length of the country telling anyone who will listen that interest rates are not coming...
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