by Christopher Nye | Oct 10, 2025
The US dollar gained between 0.25% and 1% against major rivals yesterday, with the best results against a depressed Norwegian krone and the British pound. We’ve got the Michigan Consumer Sentiment index coming out this...
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by Christopher Nye | Oct 10, 2025
The single currency lost some 0.6% against a resurgent US dollar, and not much less than that against the rupee and renminbi. The main event at the start of next week is the ZEW Economic Sentiment Index on Tuesday.
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by Christopher Nye | Oct 10, 2025
It was a sea of red for sterling yesterday as it lost as much as 0.75% (against the US dollar) against major rivals. Next week takes us into the big data releases, beginning with employment and earnings on Tuesday.
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by Charles Purdy | Oct 10, 2025
The US dollar carried all before it yesterday, gaining 0.75% against the pound. The dollar index’s nine-week high, despite the Federal government shutdown with no end in sight, seems mainly based on higher bond yields in the US and a hawkish tinge to recent Federal...
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by Jonathan Cook | Oct 9, 2025
European Central Bank President Christine Lagarde once again spoke of the opportunity in front of the euro. Her comments were even more aggressive this time, suggesting now was a “unique opportunity” to end the US dollar’s dominance. The euro has strengthened by over...
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