by Julian Benson | Oct 4, 2023
Wall Street stocks shed gains yesterday as the better-than-expected US jobs report docked dollar investors’ appetites over worries that the Federal Reserve will keep interest rates higher for longer. The Dow Jones sank 430 points and the Nasdaq sank 1.9%. For more on...
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by Charles Purdy | Oct 4, 2023
Sterling continued to flounder yesterday, dropping further against the US dollar and yen but remaining fairly stable against the euro. This morning, with political troubles in the US and a potential Federal government shutdown having global ramifications, there is...
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by Julian Benson | Oct 4, 2023
Following an unexpectedly strong US jobs report, the euro fell to a fresh 2023 low on Tuesday against the US dollar. The single currency made a modest rebound by the end of the session but remains close to 3% down since the start of...
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by Julian Benson | Oct 4, 2023
The pound fell to fresh 2023 lows yesterday against the US dollar, economists expect this to continue unless there is a convincing improvement in economic and risk sentiment. 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 | Oct 4, 2023
The pound lost almost a third of a per cent against the US dollar yesterday as US job openings data beat market expectations. The US Bureau of Labor Statistics reported the JOLTs job openings stood at 9.6 million on the last day of August, well above the forecasted...
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