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...
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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...
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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...
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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...
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by Julian Benson | Feb 8, 2023
The euro continued to fall against the dollar yesterday as hawkish remarks from the Federal Reserve boosted the dollar. The euro is currently trading at the lowest rate we’ve seen since the first week of January and approximately 6.5% lower than it was in this time...
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