by Christopher Nye | Feb 14, 2023
We’ve just seen the latest employment change data for the UK this morning. It has revealed that the number of people in work grew by 74,000 in the three months to December 2022, which was well-above market expectations of a 40,000 rise. According to senior Bank...
read more
by Christopher Nye | Feb 13, 2023
Investors have a wealth of key economic data releases to watch in the US this week — all which could impact the dollar’s performance against its competitors. The greenback enters the week stronger against sterling compared to this time last month, as well as...
read more
by Christopher Nye | Feb 13, 2023
It is a different story for the euro this week which has lost weekly gains of around 0.95% against the pound. On a monthly comparison though, the single currency has strengthened against sterling, with gains of around 0.03%. Compared to the dollar, the euro is also...
read more
by Christopher Nye | Feb 13, 2023
On Friday, sterling strengthened against the US dollar by approximately 0.22% on a weekly comparison and 1.24% against the euro. This morning GBP/EUR maintains those gains and enters the week on a stronger footing however, sterling relinquished its weekly gains...
read more
by Christopher Nye | Feb 13, 2023
Sterling shrugged off GDP data released on Friday which revealed Britain is not technically in a recession. The quarter-on-quarter figures stalled (at 0%) confirming that Britain just missed a recession. The UK’s economic calendar will be dominated by the...
read more
