by Jonathan Cook | Nov 29, 2023
The greenback’s slide carried over into the middle portion of this week, as the US dollar lost ground to the pound and the euro. Quarterly GDP growth is out today, and investors will be watching closely to gauge any feedback from tightened fiscal policy. Markets are...
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by Jonathan Cook | Nov 29, 2023
The euro performed strongly against the US dollar yesterday, while losing some value to the pound in back-and-forth trading. Spain led the charge of European inflation data due today, with the Iberian nation’s headline rate falling by 0.4% month-on-month, much more...
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by Jonathan Cook | Nov 29, 2023
The pound touched its highest level in months against the US dollar and continues to make smaller gains against the euro. BofE governor Andrew Bailey warned on Monday that rates would remain elevated for the foreseeable future, and Jonathan Haskal reiterated that...
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by Jonathan Cook | Nov 29, 2023
The pound and the euro both gained over half a percent on the US dollar yesterday, after Federal Reserve governor Christopher Waller said he was “increasingly confident” that current interest rates would slow the US economy’s inflation to its 2% target. For those...
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by Julian Benson | Nov 28, 2023
The Japanese yen gained 0.28% against the US dollar during this morning’s Asian session following general weakness for the greenback following rumours the Federal Reserve is done raising interest rates. For more on currencies and currency risk management strategies,...
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