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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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BoE’s Bailey reports signs of growth

The markets were relatively quiet yesterday due to a lack of influential data releases, however, the pound held steady, making marginal gains against the euro and US dollar. Addressing students of Loughborough University yesterday, governor Andrew Bailey said the Bank...


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