by Jonathan Cook | Dec 6, 2023
The US dollar continued to benefit from its perception as a safe-haven, posting gains against the pound and the euro in yesterday’s session. While markets rarely get everything (or even very much) right, it’s not often consensus estimates miss the mark as much as they...
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by Jonathan Cook | Dec 6, 2023
GBP/EUR continued to bob along near its highest level in months, although the pound lost some value to the US dollar. The pound has not exactly benefitted from a quiet schedule of macro data this week. Next week brings much more impactful events, but Andrew Bailey’s...
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by Jonathan Cook | Dec 6, 2023
EUR/GBP treaded water (albeit at high levels) yesterday, while the euro slid by around 0.5% against a resurgent US dollar. We’ll have to wait until the tail end of this week to get any more seriously juicy eurozone data. This morning will at least give us an insight...
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by Jonathan Cook | Dec 6, 2023
GBP/EUR continued to trade in and around multi-month highs yesterday, although both currencies had a tougher time of it against the US dollar. Sterling ended Tuesday around 0.25% down on the US dollar, while EUR/USD sank by around 0.5%. Markets seem to be making a...
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by Charles Purdy | Dec 5, 2023
It was a positive day for the dollar, with strong gains against all major rivals, including around half a percent against the pound, euro and yen. The dollar index has been gaining steadily over the past week, by around 1%. Will that change as more economic data...
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