GBP: Employment upside

GBP/EUR reached its highest level since August 2023 on Tuesday. GBP/USD then fell after news of US inflation arrived. UK unemployment numbers fell by more than expected in December and are now sat at a healthy looking 3.8%. UK inflation and GDP numbers are the week’s...


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USD: Mardi Gras

The spirit of “Fat Tuesday” spread beyond its Louisiana homeland to the US dollar market. It was a banner day for the US dollar, which shot upwards as hotter than expected inflation figures came in. The dollar’s positive day came on an equally rough one for Wall...


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GBP: Eyes on GDP

Sterling investors will be keeping an eye out for the release of UK GDP figures for quarter four of 2023, which could confirm a technical recession in the latter part of last year.


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