by Julian Benson | Oct 23, 2023
Tomorrow morning the UK unemployment rate is expected to remain unchanged at 4.3%.
read more
by Julian Benson | Oct 23, 2023
The pound extended its losses against the US dollar last week as UK retail sales and consumer confidence dropped. However, the US dollar failed to regain strength as major stocks fell amid concerns about an escalation in the Israel and Gaza conflict. Compared to last...
read more
by Charles Purdy | Oct 23, 2023
What will this week be like for sterling against the euro and US dollar, after a 1% or more drop between Monday evening and Friday morning last week? The pound has remained stable, and even recovered a little since then, but those same pressures remain. Which are,...
read more
by Charles Purdy | Oct 20, 2023
The dollar went in all sorts of directions yesterday as comments from Federal Reserve chair Jerome Powell and other policymakers on the Fed’s interest-rate-setting committee the FOMC were considered. From tomorrow the members of the FOMC go into a blackout period...
read more
by Charles Purdy | Oct 20, 2023
It was a highly positive day for the euro, with gains of between 0.4% and 0.8% against major rivals. Reasons for that strength include a stronger risk appetite among investors. There was very little data for the markets to chew on and that goes for today too. However,...
read more