USD: Dollar maintains gains

The dollar strengthened against a basket of major currencies on Monday, and is still stronger than sterling and the euro this morning. There are lots of interesting data releases dollar-watchers will be keen to look out for between now and the end of the week – all of...


read more

EUR: Dollar surge sees EUR/USD plunge

On Monday the euro hit its lowest level against the US dollar since early January, losing approximately 0.19%. This follows the dollar’s recent boost on the back of last week’s strong employment data. In the days to come, market participants will be keen to keep a...


read more

GBP: Construction PMI falls

Markets saw the latest in S&P Global/CIPS UK Construction PMI yesterday. The purchasing managers index fell 0.4 points from last month to 48.4 in January. This signalled the sharpest decline in the UK’s construction output since May 2020. According to the data,...


read more

Pound remains under pressure

The aftermath of last week’s BoE, ECB and Federal Reserve interest rate decisions continues to weigh heavy on exchange rates. Sterling was on the back foot on Monday and the gloomy mood added pressure to the already risk-sensitive pound. GBP/USD fell to a fresh...


read more

USD: US dollar boosted by jobs data

The dollar begins the week stronger than a handful of its rivals including sterling, the euro and the canadian dollar following surprising jobs data last week. This week, investors will be listening keenly to Chair of the Federal Reserve, Jerome Powell, who is due to...


read more