The dollar has edged slightly higher this morning against a basket of currencies but remained near multi-week lows ahead of the Federal Reserve’s two-day monetary policy meeting.
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German IFO data, which measures entrepreneurs’ sentiment about the current business situation, missed expectations.
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This morning, CBI Distributive Trades data will be released for the UK, which measures the health of the retail sector.
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The Federal Reserve will begin its two-day monetary policy meeting later today. Whilst policy is expected to remain unchanged, the markets will be looking out for comments from Federal Reserve Chair, Jerome Powell. The meeting will conclude with a…
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The dollar is weaker against a basket of currencies due to a more positive economic outlook in both the US and Europe. This comes ahead of the Federal Reserve’s monetary policy meeting, which is due to conclude on…
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Both Italy and France have started easing their lockdown restrictions with bars, restaurants, cinemas and concert halls partially reopening across Italy today.
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After edging lower last week, the pound is stronger this morning, gaining slightly against both the euro and the dollar. Against the greenback, sterling is still stronger than this time last month.
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The pound is edging higher against both the euro and the dollar this morning, possibly due to a robust outlook for the UK economy. A series of positive data releases at the end of last week and comments…
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