While Britain was in the continuing waiting game before today’s Budget, a bigger potential story was developing elsewhere, with claims of a breakthrough in peace talks between the US, Russia and Ukraine. The euro gained some 0.5% against…
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The dollar took something of a pounding yesterday, weakening by roughly a third to half a cent against the pound, euro and yen as a range of data showed declining consumer confidence and a weakening housing market. The…
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On a day devoid of virtually any new data, the euro strengthened against all but the pound yesterday following news of a breakthrough in US-led peace talks about Ukraine. ECB President Christine Lagarde will be speaking today and…
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It was a positive day for the pound yesterday, strengthening against all but the Australian dollar. Where it will be by this tomorrow is anyone’s guess, but on Friday we have house price and car production data.
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While the UK was in the continuing waiting game before today’s Budget, a bigger potential story was developing elsewhere, with claims of a breakthrough in peace talks between the US, Russia and Ukraine. The euro gained some 0.5%…
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The US dollar must negotiate a busy period ahead of Thanksgiving and the Federal Reserves pre-meeting blackout period. PPI and retail sales arrive as a double whammy this afternoon ahead of tomorrow’s durable goods report.
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The euro is playing second fiddle to its rivals to the North and West this week. With things largely quiet, the euro had a stable day on Monday but lacked any real direction amid watchful conditions.
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Chancellor Rachel Reeves will hope her autumn Budget keeps the bond market “beast” onside. The British public are painfully aware of how much impact this powerful cabal of investors can have. For the pound, tanking bond prices and…
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