by Charles Purdy | Oct 10, 2023
The US dollar’s safe haven status appears to have been short-lived, with falls against most other major currencies. Several members of the Fed’s rate setting committee the FOMC will be speaking today, and then tomorrow we have Producer Price Inflation (PPI) a good...
read more
by Charles Purdy | Oct 10, 2023
A mixed day for the single currency saw it fall against all but USD and CNY. There is not a great deal of news on the wires today, but tomorrow we’ll have a final German inflation rate. In the preliminary reading it showed a huge fall from 6.4% to 4.3%, will that be...
read more
by Charles Purdy | Oct 10, 2023
After a lively start to the week, sterling ended the day slightly up on the euro and US dollar and 1.5% stronger against the Chinese yuan. Sterling has climbed to a three-week high against the euro but has continued essentially moving sideways against USD. Attention...
read more
by Charles Purdy | Oct 10, 2023
The pound’s long slow recovery against the euro continued yesterday, reaching a three-week high, while a drop against the US dollar mid-morning righted itself by the end of the day. There were no major data releases yesterday, or today, but there will be several...
read more
by Julian Benson | Oct 9, 2023
US stocks rallied on Friday afternoon as fresh jobs data boosted key stocks including The Dow Jones, which gained 400 points, The S&P 500 gained 1.4% and the Nasdaq rose 1.7%. For more on currencies and currency risk management strategies, please get in touch with...
read more
