by Christopher Nye | Dec 30, 2022
Sterling ends the year against the euro around 5% down on where it started 2022, but still sticking close to its post-referendum average. It’s some 10% down on the US dollar compared to 1st January 2022 in what has been a turbulent and difficult year for the UK...
read more
by Christopher Nye | Dec 30, 2022
In the absence of any serious data releases or political events this week, sterling, largely on the backfoot since the interest rate decisions in mid-December, has been left to swing in the wind. The Christmas period saw some rapid rises and falls against both the...
read more
by Christopher Nye | Dec 29, 2022
Today market participants will see if the number of Americans filing new claims for unemployment benefits has risen in line with market forecasts of 260,000, in the latest initial jobless claims data. The previous release revealed that the number of claims rose by...
read more
by Christopher Nye | Dec 29, 2022
We’ve just seen Spain’s latest year-on-year Retail Sales data. The National Statistics Institute reported that Spain’s sales decreased 0.60% in November of 2022 in comparison to the same month in the previous year. This was higher than market expectations of a -5.7%...
read more
by Christopher Nye | Dec 29, 2022
Sterling is still weaker than both the euro and the dollar compared to this time last week. The single currency has not yet made a recovery against the two rival currencies following the BoE’s December interest rate decision. A lack of key UK data releases over...
read more
