by Charles Purdy | Jan 12, 2023
The pound made weekly gains against a handful of its rivals yesterday, including the Swiss Franc, Australian Dollar and US dollar. Against the greenback, sterling was up nearly 0.8% compared to this time last week. Similarly, equities in London closed...
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by Christopher Nye | Jan 12, 2023
Today marks another quiet day for UK and eurozone data releases, while US data dominates. In the meantime, Sterling-watchers eagerly anticipate Britain’s month-over-month GDP which will be released on Friday. On Tuesday, Britain’s Financial Services Minister Andrew...
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by Charles Purdy | Jan 11, 2023
There was little movement for sterling in the early part of this week, or indeed this year. The relative stability in the pound-to-euro exchange rate (since the 3% drop after the last interest rate decision almost a month ago), is indicative of currency markets...
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by Julian Benson | Jan 11, 2023
Following small business optimism declining, US economists saw the Economic Optimism Index fall to 42.3 in January 2023, from 42.9 in December and considerably below the 20-year average of 49.6. Despite this data, the US dollar remains relatively unchanged from...
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by Julian Benson | Jan 11, 2023
Market watchers looked to the stock market and saw European shares extend their losses yesterday, following the eight-month highs seen on Monday as investors considered hawkish comments from the European Central Bank. The annual inflation rate in the Euro area fell...
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