Will markets take fright at Yellowhammer?

The pound starts the week two cents higher against the euro than last Monday and a cent higher against the US dollar. In the context of the past four months that’s the classic example of a ‘dead cat bounce’. Good news all the same if you’re...


read more

USD: Dollar benefits from strong retail data

The dollar is weak against the pound but strong against the euro today. A surge in US retail sales has allowed the greenback to hold onto its gains and eased concerns about a slowing economy. The report showed that sales rose by 0.7% last month, after a 0.3% growth in...


read more