by Julian Benson | Oct 16, 2023
The US dollar rebounded on Friday as investors worldwide turned to the greenback as a safe-haven asset amid rising geopolitical tensions. The pound continued to plummet against the dollar late last week and lost 0.2% against the euro on Friday. This morning, the pound...
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by Julian Benson | Oct 16, 2023
For US investors, the key focus will be highly anticipated earnings reports from large businesses such as Tesla, Bank of America, Netflix, and Johnson & Johnson. There are several speeches this week from the Federal Reserve and data includes retail sales, building...
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by Julian Benson | Oct 16, 2023
President of the European Central Bank, Christine Lagarde said on Friday that the Bank’s last dovish interest rate hike could be the last one, but it won’t be the end of monetary restraint.
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by Julian Benson | Oct 16, 2023
On Wednesday morning, economists forecast the UK inflation rate will fall ever-so-slightly from 6.7% to 6.5%. While a decline is worth celebrating, the rate remains over three times the Bank of England’s target. GBP/USD: the past year 1 Min 5 Min 1 Hr 1 Day 1 Wk 1...
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by Charles Purdy | Oct 16, 2023
It could be a case of the calm before the storm today, with no economic news to move the markets until tomorrow. The pound weakened against the euro during the latter half of last week, following three weeks of gains. Even so, it is a couple of percentage points above...
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