by Julian Benson | Aug 10, 2023
After making marginal advances against the US dollar this week, the euro clings to the hope that this afternoon’s US CPI inflation release will come in ahead of expectations and extend euro-dollar support.
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by Julian Benson | Aug 10, 2023
Tomorrow morning the British economy is due to announce its latest GDP figures for June 2023. Markets expect a 0.1% expansion, following a 0.1% contraction in May. 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 | Aug 10, 2023
Despite soaring in the wake of the Italian government’s decision to impose a 40% windfall tax, the pound ended yesterday in negative territory against the euro due to a lack of UK data. This decline has continued this morning with sterling losing 0.4% against the...
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by Charles Purdy | Aug 9, 2023
The pound has been gradually strengthening following the decline in the first week of August, and remains a good two to three per cent above the levels of the early part of the year against the euro. Will that continue? See what the major banks predicted for exchange...
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by Charles Purdy | Aug 9, 2023
The dollar weakened across the board yesterday, although the losses were pegged at below 0.35%. A quiet period for US data ends today with inflation being announced at around midday (UK time). Expectations are for a small rise to 3.3% in the headline rate, but with...
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