by Charles Purdy | Sep 18, 2023
The euro gained slightly on the pound last week, but lost around 0.5% against the US dollar. Several members of the European Central Bank’s (ECB’s) interest rate committee will be speaking early this week, in the wake of the ECB raising rates for the 10th consecutive...
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by Charles Purdy | Sep 18, 2023
The pound ended last week moving down, and while that has not continued so far this morning It could be a volatile week. The big event will of course be the inflation data on Wednesday, followed by the interest rate decision the day after. However, there is plenty...
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by Charles Purdy | Sep 18, 2023
Over the course of Friday, sterling lost half a cent against the euro and the US dollar. This took GBP/USD to a 1% loss over the week and a new three-month low, and GBP/EUR close to its lowest for a month. This will be a busy week for central bankers, with interest...
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by Christopher Nye | Sep 15, 2023
The dollar had a positive day against the pound and euro, while slipping back against the Canadian and Australian dollars. The success of the Arm flotation yesterday on the Nasdaq augurs well for Wall Street and the IPO (Initial Public Offering) market. The big data...
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by Christopher Nye | Sep 15, 2023
The single currency had a singularly bad day, weakening around 1% against most of the dollars, as the markets accepted that record interest rates have reached their limit and may even decline. This morning we’re getting final reports on inflation for August, with...
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