by Christopher Nye | Jan 24, 2023
Yesterday the pound continued to surge against the US dollar, making monthly gains of around 2.62% and weekly advances of around 1.48%. It is a similar story for GBP/EUR which maintains its weekly and monthly gains this morning. Meanwhile, Britain’s recession fears...
read more
by Christopher Nye | Jan 23, 2023
It will be a busy week for dollar-watchers as there are several key releases that could impact the dollar’s movements this week, including the Q4 GDP growth rate and durable goods orders. On inflation, comments from Federal Reserve (Fed) officials point towards an...
read more
by Christopher Nye | Jan 23, 2023
Analysts seem to be growing sceptical of the European Central Bank (ECB) and suggest the central bank has been giving mixed signals – whether the ECB is trying to raise investors’ expectations for interest rates or lower them, investors are not convinced. Global...
read more
by Christopher Nye | Jan 23, 2023
Sterling was boosted last week, with GBP/USD rallying close to six-month highs. Markets predict that the exchange rate could rise further over the course of the week providing incoming economic data remains gracious enough to keep the Dollar on its back foot. This...
read more
by Charles Purdy | Jan 23, 2023
The pound begins the week stronger against the euro, maintaining last week’s unexpected gains. Against the US dollar, sterling is also stronger than it was compared to this time last Monday. Markets anticipate the UK’s manufacturing purchasing managers’ index data, as...
read more
