USD: PMI puts dollar on front foot

Positivity among America’s business leaders powered the dollar to gains against all-comers yesterday. The Jackson Hole Symposium continues in Wyoming, with Jerome Powell talking today at 3pm UK time. USD/GBP past year 1 Min 5 Min 1 Hr 1 Day 1 Wk 1 MthFrom To  ...


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EUR: Euro loses out to dollar

Despite reasonable economic news it was a mildly downhill day for the euro yesterday, with losses of close to 0.5% against the US dollar and a small loss against sterling. Monday starts with the Ifo Business Climate report for Germany, then the consumer side of the...


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GBP: Mixed day for sterling

It was a mixed day for sterling, with losses against the US dollar and other safe-haven currencies the yen and Swiss franc. There’s no data to speak of today or indeed next week, with Monday a bank holiday. Still, the pound could well move in reaction to overseas...


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Business confidence boosts pound and dollar

Business confidence boosts pound and dollar

While sterling has limped into the last weekend of summer against the US dollar, August more generally has been positive, with a 1% gain on the euro, Swiss franc and others. The interest rate cut on 7 August was responsible, or more pertinently the increased...


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USD: Dollar stable ahead of Fed talks

Along with the euro, the dollar climbed above the pound, seeing gains of 0.4%, though it remained level against most other currencies. Today marks the start of the Jackson Hole symposium, providing greater clarity on when the US can expect an interest rate cut....


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