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There were modest but clear rises for the US dollar against most major rivals yesterday, such as the Swiss franc and Australian dollar. This afternoon we’ll get Non-Farm Payrolls data, with more low numbers for new US jobs…
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The charts were generally green for the single currency yesterday, with the only losses, and those very small, against the pound and US dollar. This afternoon we’ll get final results for eurozone employment and GDP data.
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A quiet day on the markets saw sterling barely move against the euro and US dollar yesterday. The pound gained on some commodity-backed currencies, with a third of a cent gain on the Australian dollar and Norwegian krone,…
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A busy day for economic data has started well for sterling with retail sales rising by 0.6% in July in the UK. The rise was due to sunny weather and spending surrounding the England women’s football team winning…
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The number of job openings in the United States fell to a ten-month low of 7.18 million in July, thousands below market forecasts. That shock was enough to force the US dollar lower against its rivals and resurrect…
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As Conservative leader Kemi Badenoch pointed out in the Commons yesterday, the UK now has a higher cost of borrowing than Greece. This is largely the result the eurozone having a lower debt to GDP ratio than the…
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A later than usual autumn budget may prove something of a double-edged sword for the pound. Time is a valuable commodity for the Treasury, but rumours and anxieties will no doubt swirl between now and the end of…
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