by Charles Purdy | Jun 8, 2022
The dollar is slightly weaker against the pound and the euro this morning. This comes ahead of a slew of economic data releases this afternoon, including mortgage and crude oil figures. The main event this week, however, will be the release of US inflation data on...
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by Charles Purdy | Jun 8, 2022
The euro weakened against the pound and strengthened slightly against the dollar yesterday afternoon. Data released yesterday revealed that German factory orders came in lower than expected in April, showing that the war in Ukraine, ongoing supply constraints...
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by Charles Purdy | Jun 8, 2022
The pound experienced a day of volatility yesterday. After weakening in the morning following the vote of confidence in Boris Johnson, it then strengthened against the euro and the dollar in the afternoon. Sterling tends to dislike political unrest, which is why it...
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by Charles Purdy | Jun 8, 2022
After weakening yesterday morning following the vote of confidence, the pound made a surprise recovery against a handful of currencies in the afternoon. This boost seemingly occurred for no clear reason. Sterling has now plateaued against the euro and the dollar and...
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by Charles Purdy | Jun 8, 2022
The currency markets can be a riddle, wrapped in a mystery, inside an enigma, and if you want to know how pointless financial analysts’ predictions are, just check them a week or two later. Hence, in our last Quarterly Forecast, where we showcase the predictions of...
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