The US dollar index, a measure of the greenback’s strength against six prominent rivals, rose by nearly 0.3% yesterday. That was despite mixed PMI data, which indicated the focus remained on the Federal Reserve and its list of…
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Germany and France were the first eurozone nations to report inflation numbers this year. Both recorded month-on-month falls (a steep one in Germany’s case), but will that trend continue as the unified inflation read arrives later this morning?
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While its rivals are coming out the gate fast with fresh data, the pound might have to wait a while longer for insight into the UK economy. Sterling’s next real report of note comes at the tail end…
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Sterling’s strong start to 2026 hit its first real bump on Tuesday, as a downward revision to December’s PMI data opened the door for the US dollar to claw back half a cent.
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GBP/EUR gained around half a cent yesterday and GBP/USD close to a cent in a positive day for sterling. But will that survive the various data releases today including services PMI?
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It was all downhill for the single currency yesterday as a mix of geopolitical threats and poor economic data combined to depress the market. Hang on to your chapeaux for inflation and PMI data today and tomorrow.
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It was a day of three thirds for the dollar yesterday as early gains as soon as the market opened were just as rapidly lost – and more – in the afternoon session, with even greater losses in…
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The pound was the surprise winner among currencies in a market still working out the ramifications of the USA’s military intervention in Venezuela. The usual pattern when conflicts begin is that investors avoid risky assets like stocks and…
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