by Christopher Nye | Feb 9, 2023
It is a quiet day for dollar-watchers however things pick back up tomorrow with two speeches from the Federal Reserve, the University of Michigan consumer sentiment and The US government monthly budget statement. In its previous meeting, the Fed’s Chair Jerome Powell...
read more
by Christopher Nye | Feb 9, 2023
Sterling has made weekly gains against the euro but remains weaker against the single currency on monthly comparison as investors await Friday’s GDP data. It is a similar story for EUR/USD which is lower on strength compared to this time 7 days ago but stronger on a...
read more
by Christopher Nye | Feb 9, 2023
Sterling continues to lose monthly gains against the euro and the US dollar as investors look ahead to tomorrow’s economic data releases. Markets are expecting GDP figures of 0.1% following a 0.3% contraction in the previous quarter. Market watchers will be keen to...
read more
by Christopher Nye | Feb 9, 2023
Today is another quiet day for UK data releases. Investors prepare to digest a slew of key economic data over the course of tomorrow, including the UK’s latest GDP and industrial production figures. A spokesperson for the prime minister has confirmed the PM has...
read more
by Julian Benson | Feb 8, 2023
Yesterday the IBD/TIPP Economic Optimism Index increased to a 10-month high of 45.1 in February 2023, up from 42.3 in January. It’s worth noting that economists still believe the current reading to be in pessimistic territory. For more on currencies and currency risk...
read more
