GBP: Sterling on the march?

Sterling marched up the hill and then down again over the course of yesterday against the euro, ultimately going nowhere. After earnings and employment data today, tomorrow it’s the turn of inflation, with all that means for the interest rate decision the following...


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USD: Dollar slides further

It was all downhill once again for the dollar yesterday, hitting a six-week low against the pound and continuing to bump along at four-year lows against the euro. It’s all about the now nailed-on interest rate cut from the Fed tomorrow, but before that we’ve got...


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Economic data keeps markets guessing

Economic data keeps markets guessing

Economic data continues to dominate the currency markets in a week with two interest rate decisions – from the Bank of England (BoE) and the US Federal Reserve (“The Fed”). Yesterday the pound hit its best against the US dollar since the first week of July, while...


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Sterling approaches big week in bullish mood

Sterling approaches big week in bullish mood

The start of a pivotal week for the pound and US dollar has started very much in sterling’s favour. It gained 0.25% in early trading against the US dollar and wasn’t too far behind that against the euro. The pound’s strength may come as a surprise, bearing in mind the...


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