by Charles Purdy | Aug 1, 2023
Despite a generally positive set of data from the eurozone, the single currency lost to most major rivals yesterday, including by over 1% against the Australian dollar. The data came thick and fast yesterday, starting with German retail sales (declining sharply last...
read more
by Charles Purdy | Aug 1, 2023
Sterling ended the day largely unchanged, despite an interesting afternoon where competing data sent it one way then another against the euro. This morning so far has been positive for GBP/EUR. From the UK the most interesting data yesterday was the shock result for...
read more
by Charles Purdy | Aug 1, 2023
It was a mildly frantic end to the month for sterling against the euro, with the markets eyeing Thursday’s interest rate decision from the Bank of England. The day ended with sterling slightly higher against the euro but down on the US dollar. On the data front it was...
read more
by Julian Benson | Jul 31, 2023
Tomorrow, the ISM manufacturing PMI figures for the US are forecast to rise from 46 in June to 48 in July. This would follow a contraction in June as outputs remained softer in Q2. For more on currencies and currency risk management strategies, please get in touch...
read more
by Julian Benson | Jul 31, 2023
Retail sales in Germany unexpectedly fell 0.8% in June, considerably less than market expectations of 0.2% growth. This was the first decline since March.
read more
