USD: Initial Jobless claims to rise

The latest initial jobless claims are scheduled to be released at lunchtime today. In the previous release, it was revealed that the number of Americans who filed for unemployment benefits rose by 2,000 from the week before to 232,000. This pointed to the highest...


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GBP: Pound remains strong

Sterling maintains its strength as the week draws to a close, remaining unchanged against the euro compared to this time last week, and with fresh weekly gains of around nearly 0.4% against the US dollar.


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Sterling remains strong despite sparse UK data

After a somewhat busier day on the data front yesterday, investors will have little to digest over the course of today and tomorrow as very few economic releases are scheduled in. Things pick back up next week with a mix of employment data from the UK, plus inflation...


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USD: Economists ponder Fed’s plans

The US dollar had a wobbly session on Tuesday as expectations of a rate hike diminished from the Federal Reserve (Fed). Next Wednesday, the Fed will announce the latest interest rate decision which is currently forecast to remain unchanged at 5.25%. For more on...


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