EUR/USD Rises after Shock US PMI Highlights Demand Weakness
EUR/USD received a much needed reprieve from USD dominance after flash PMI data for April highlighted potential concerns for the US. EUR/GBP surrenders recent gains
British Pound Bounces At Downtrend Line, Still Pressured By Rate-Cut Expectations
Sterling scored a little bounce against the Dollar, but monetary policy expectations will continue to make durable gains tough
Gold’s Surge Halted as Risk Appetite Returns, US Economic Data in Focus
The precious metal has lost around 5% of its value since last Friday as risk assets benefit from the current pause in the Israel-Iran conflict
Yen Alert: Suzuki Stresses Trilateral Support Ahead of Golden Week
Massive yen shorts raises the risk of a sharp USD/JPY reversal should authorities intervene in the FX market to strengthen the yen. US PCE a potential catalyst?
THG: Growth continues after strong performance from beauty division
THG, the owners of Cult Beauty and Myprotein, recorded strong revenue growth in the first quarter of 2024
London firms warn inflation is top concern ahead of mayoral election
London businesses are still saying inflation is their top concern ahead of the mayoral election next week.
Mango Markets judgement raises more questions for smart contract law
"What are you gonna do, arrest me?", Avi Eisenberg confidently wrote on Twitter days after he had successfully exploited the decentralised lending platform Mango Markets for $110 million in October 20
Consumer group demands Virgin Media to improve customer service
Consumer group Which? has found that Virgin Media was the worst offending telecoms company in terms of customer service.
The IMF says the UK is primed to benefit from AI – the next government must not waste this opportunity
The UK economy is uniquely positioned to benefit from the roll out of artificial intelligence. Politicians on all sides should be championing policies that help secure these benefits as soon as possib
How I built a business that helps you earn money from your online data
Have you ever thought about using your online data to buy a sausage roll from Greggs?