June 5th, 2024
By Jonathan Cook
Currency markets were relatively unmoved yesterday, with any moves swiftly cancelled out by minor corrections. That came in the absence of much market-moving data, but...
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June 4th, 2024
By Jonathan Cook
The US dollar got off to a sluggish start to the week after manufacturing activity edged lower in May. ISM manufacturing PMI fell from 49.2 in April to 48.7 — the...
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June 3rd, 2024
By Jonathan Cook
Last week’s glut of European inflation figures raised the stakes for the European Central Bank (ECB), which is preparing to announce its latest interest rate decision...
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May 31st, 2024
By Christopher Nye
Sterling continues to ride high. Against the US dollar, the pound reversed the downward direction it took on Tuesday and Wednesday, and it ends May almost 2% up on...
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May 30th, 2024
By Jonathan Cook
After a string of blistering performances, the pound finally became reacquainted with reality on Wednesday afternoon. Sterling lost over half a cent against the US...
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May 29th, 2024
By Jonathan Cook
Sterling’s strength carried over into the new week, as the pound remained within touching distance of its highest against the euro in over a year. GBP/USD is also at...
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