by Christopher Nye | Jan 24, 2023
EUR/USD climbed on Monday as investors continued to bet on ECB rate hikes. As well as this, markets saw the latest consumer confidence reading for the eurozone rise by 1.1 points. The indicator climbed to -20.9 in January, its highest level since February 2022 . This...
read more
by Christopher Nye | Jan 24, 2023
Today markets will see the latest data from the confederation of British industry. Their businesses optimism index for Q1 will be released at 11am, in addition to industrial trends orders for January. Sterling-watchers will be observing closely to see whether these...
read more
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
