The dollar is stronger this morning due to rising yields, which have increased following the FOMC meeting minutes last week.
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Later today, economic sentiment figures will be released for both the eurozone and Germany.
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Labour market figures for the UK came in this morning. The unemployment rate in November fell from 4.2% to 4.1%, better than expectations.
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The pound has held onto its strength against the euro and the dollar, despite the ongoing political turmoil in Downing Street. Yesterday, the Conservative MP for Wycombe said that his constituents are around “60 to 1” against the…
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After weakening at the end of last week due to Wednesday’s inflation figures and poor economic data on Friday, the dollar is trading around similar levels this morning.
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It’s a quiet week for data in the eurozone, but economic sentiment figures will be released tomorrow followed by final inflation figures on Thursday.
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The pound is still trading around strong levels against the euro and the dollar this morning, holding onto gains made in early January.
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The pound is still strong against the euro and the dollar this morning ahead of UK inflation figures for December, which are expected to be released on Wednesday. If the figures come in higher or lower than expected,…
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