by Julian Benson | Aug 10, 2023
Tomorrow morning the British economy is due to announce its latest GDP figures for June 2023. Markets expect a 0.1% expansion, following a 0.1% contraction in May. GBP/USD: the past year 1 Min 5 Min 1 Hr 1 Day 1 Wk 1 MthFrom To...
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by Julian Benson | Aug 10, 2023
Despite soaring in the wake of the Italian government’s decision to impose a 40% windfall tax, the pound ended yesterday in negative territory against the euro due to a lack of UK data. This decline has continued this morning with sterling losing 0.4% against the...
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by Charles Purdy | Aug 9, 2023
The pound has been gradually strengthening following the decline in the first week of August, and remains a good two to three per cent above the levels of the early part of the year against the euro. Will that continue? See what the major banks predicted for exchange...
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by Charles Purdy | Aug 9, 2023
The dollar weakened across the board yesterday, although the losses were pegged at below 0.35%. A quiet period for US data ends today with inflation being announced at around midday (UK time). Expectations are for a small rise to 3.3% in the headline rate, but with...
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by Charles Purdy | Aug 9, 2023
The single currency had a generally negative day yesterday but remains up across the week against the US dollar. Germany’s inflation was confirmed at 6.2%, a fall from 6.4% last month. There will be very little data for the markets to chew on today, but tomorrow we’ll...
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