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EUR: Under pressure

The euro came under more pressure in Tuesday’s session, falling by around 1% against the pound and the US dollar. The ZEW Economic Sentiment Index was rather drowned out yesterday, but the seventh straight month of increases should not be forgotten. The ZEW is at its...


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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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