Sterling fell to a six-month low against the US dollar to end last week ahead of an interest rate decision from the Bank of England that looks more intriguing by the minute. Based on current trading, currency markets…
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After the interest rate cut from the Fed on Wednesday the US dollar was in a bullish mood, with strong gains all round following Powell pouring cold water on hopes for another rate cut this year. Coming up…
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Despite the volumes of economic data and the interest rate decision from the ECB there was a distinct lack of movement for the euro yesterday. Will that continue after the inflation data about to reach the markets?
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Sterling remained in the doldrums yesterday, swirling around at close to a two-year low against the euro and six-month low against the US dollar. The big event next week is the interest rate decision on Thursday.
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It’s all been about the interest rate decisions for the past few days and the scores from the latest round have been 25 basis point cuts for the USA and Canada and no change for Europe or Japan.…
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The government shutdown has rumbled on for almost a month, but 1 November is the date where the proverbial might really hit the fan. That’s because funding for several key welfare initiatives (including the Snap programme, otherwise known…
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Thursday is decision day for the European Central Bank, but don’t expect as much drama as others have served up. The euro has been stable this week ahead of another expected hold, and even this morning’s busy streak…
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The pound fell to its lowest in months against the US dollar and its lowest in years against the euro across the middle of this week. Two main factors have contributed to this: first, the autumn Budget will…
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