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Weak US jobs data signals pause in rate hikes

Yesterday, the pound made marginal movements against its major rivals as economic and political data remained light. Against the US dollar, sterling is currently hovering around its weakest level since mid-June. In the US, economists heard the number of job openings...


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USD: Weak job quits

Off the back of disappointing job openings data, the number of job quits in the US decreased by over a quarter of a million people to 3.549 million in July – the lowest reading in 28 months. For more on currencies and currency risk management strategies, please get in...


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GBP: 1-year high against AUD

The pound soared to a three-year high against the Australian dollar yesterday and remains just shy of that mark this morning. However, economists believe the British economy and an interest rate hike from the Bank of England in September could pose a...


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Sterling heads into autumn nervously

Sterling had a mixed start to the working week, with small gains against the US dollar and slightly larger losses against the euro. For GBP/EUR, while the pound is clinging on close to the highs it reached at the start of summer, the past week has seen losses of...


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