by Charles Purdy | Nov 21, 2023
The pound continued last week’s gains against the dollar and losses against the euro in Monday’s session, hitting another new lowest point since last May. This morning we have had a reading for labour productivity, showing 0.2% fall in the third quarter of 2023....
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by Charles Purdy | Nov 21, 2023
A muted day for currency markets saw the pound gain around 0.25% against the US dollar and fall by around the same amount versus the euro. This did, however, take GBP/EUR to another six-month low. The promise of tax cuts failed to perk up the markets, as the prime...
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by Julian Benson | Nov 20, 2023
Market sentiment surrounding the Federal Reserve’s policy expectations kept the US dollar on the back foot last week. The dollar index hovered around its lowest levels in 11 weeks this morning as the Fed’s dovish sentiment added pressure to investors. For more on...
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by Julian Benson | Nov 20, 2023
Today, BoE governor Andrew Bailey will speak at the Henry Plumb memorial lecture however, it’s unlikely he’ll shed light on monetary policy in his speech. 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 | Nov 20, 2023
In Germany, producer prices dropped 11% in October, in line with expectations and marking the fourth consecutive month of falling prices, largely due to a base effect from last year.
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