by Charles Purdy | Feb 10, 2023
Sterling’s recovery from its post-interest-rate-decision drop lasted until yesterday afternoon, when comments from Bank of England monetary policymakers set it back. However, not before it had regained much of what had been lost since the start of the month. The pound...
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by Christopher Nye | Feb 9, 2023
It is a quiet day for dollar-watchers however things pick back up tomorrow with two speeches from the Federal Reserve, the University of Michigan consumer sentiment and The US government monthly budget statement. In its previous meeting, the Fed’s Chair Jerome Powell...
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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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