by Charles Purdy | Apr 21, 2023
A mixed day for the dollar yesterday, with marginal movements against the pound and euro, and the biggest loss, of almost 0.5% against the Australian dollar (which has had a positive week all round following news of Chinese economic growth). However, there has been a...
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by Charles Purdy | Apr 21, 2023
The single currency showed little signs of excitement yesterday in a day with plenty of low-level data for the markets to investigate. German producer prices (PPI) fell sharply for the sixth month in a row, but French business confidence tracked downwards slightly....
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by Charles Purdy | Apr 21, 2023
It was another steady day for sterling yesterday against the euro, following Wednesday morning’s boost from higher-than-expected inflation data. That has been reversed this morning, following dipping retail sales in March. There was some movement against the US dollar...
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by Charles Purdy | Apr 21, 2023
After a stable week the pound has taken a dive this morning, largely prompted by poor retail sales data just released. The week had been going well, with some stability against both the euro and US dollar following the losses of last Friday. Also released last night,...
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by Christopher Nye | Apr 20, 2023
In the previous data release, the Philadelphia Fed manufacturing index rose 1 point to -23.2 in March 2023. Despite the rise, the index missed market expectations of -15.6, pointing to its seventh consecutive negative reading. Today’s data will be released at...
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