by Julian Benson | Jan 25, 2023
This morning economists heard the UK Producer Prices Index Input increased 16.5% year-over-year in December from 18% in November. On a monthly basis, input prices fell 1.1 in December. GBP/USD: the past year 1 Min 5 Min 1 Hr 1 Day 1 Wk 1 MthFrom To...
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by Julian Benson | Jan 25, 2023
Following UK PMI data yesterday, the single currency gained over 0.5% against the pound but remains steady against the US dollar following a month of slow but steady...
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by Julian Benson | Jan 25, 2023
The S&P Global US Composite PMI improved to 46.6 this month from 45.0 in December 2022. This indicated the seventh month of contraction in US private sector activity. However, business confidence strengthened to a four-month high as hopes of a resurgence in...
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by Christopher Nye | Jan 24, 2023
Dollar-watchers have their work cut out for them this week as there are several releases which could move the dollar’s position against its rivals. Today, the ones to watch come from the S&P who will be releasing three PMI data reports today. At 2:45pm UK time...
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by Christopher Nye | Jan 24, 2023
EUR/USD climbed on Monday as investors continued to bet on ECB rate hikes. As well as this, markets saw the latest consumer confidence reading for the eurozone rise by 1.1 points. The indicator climbed to -20.9 in January, its highest level since February 2022 . This...
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