by Julian Benson | Oct 9, 2023
This week is relatively quiet for the eurozone, however as conflicts in the Middle East continue and investors seek a safe haven in the US dollar, economists will be watching the EUR/USD exchange rate closely.
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by Julian Benson | Oct 9, 2023
Early on Thursday morning, economists expect the monthly UK GDP figures to show a 0.1% growth rate, following a 0.5% decline in July 2023, the biggest decline so far this year. 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 9, 2023
On Friday, US non-farm payrolls surpassed market expectations of 170,000 in September with a reading of 336,000. This result gave the Federal Reserve enough fuel to keep interest rates higher for longer. Following this surprisingly upbeat reading, the pound and euro...
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by Charles Purdy | Oct 9, 2023
The pound starts the week close to where it started out last week against the euro and US dollar. That is still around 10% up on last year against the dollar and a little up on the euro, so perhaps worth fixing with a forward contract if you have a transaction you are...
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by Charles Purdy | Oct 6, 2023
After strengthening early yesterday the dollar weakened against the euro and sterling over the course of the day, taking USD/GBP close to 1% down from its peak on Wednesday. This afternoon we will hear the monthly Non-Farm Payrolls result, the best guide to the...
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