August 6th, 2024
By Roseanne Bradley
There was a sour mood in the air yesterday as global stock markets experienced mass turbulence due to growing concerns surrounding a US recession. Key Wall Street...
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August 5th, 2024
By Jonathan Cook
The US economy added 60k fewer jobs than expected in July while unemployment climbed from 4.1% to 4.3%, capping off a dramatic week for currency markets. The US dollar...
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August 2nd, 2024
By Alex Bennett
The pound lost between 0.5% and 1.5% against most major currencies yesterday after the Bank of England (BoE) voted, narrowly, to cut interest rates from 5.25% to 5%....
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August 1st, 2024
By Roseanne Bradley
Yesterday, the Federal Reserve chose to keep the federal funds rate at a 23-year high of 5.25-5.5% for the eighth consecutive meeting. This morning, the US dollar has...
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July 31st, 2024
By Jonathan Cook
As a spell of warm weather crouched over northern Europe, the temperature in currency markets also heated up. A barrage of economic data (including German, French and...
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July 30th, 2024
By Jonathan Cook
Sterling faced off against several sources of pressure in Monday’s trading, the most serious of which is the Bank of England’s upcoming interest rate decision. While...
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