by Christopher Nye | Dec 12, 2022
Despite this morning’s better than expected GDP data, sterling nervously awaits a busy week of key data releases ahead. The pound’s nervousness is reflected in markets as it begins the day marginally weaker than both the euro and the US dollar compared to...
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by Christopher Nye | Dec 12, 2022
Markets are poised for this week’s interest rate decisions from central banks across all three of our major currency zones. The Bank of England (BoE), European Central Bank (ECB) and US Federal Reserve (Fed) will all be deciding on their rates over the course of...
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by Charles Purdy | Dec 9, 2022
The dollar has strengthened generally this week. That includes an almost 3% gain on NOK, but far less spectacular rise against the pound, and it has lost out to the euro marginally. Data to look out for today includes Michigan Consumer Sentiment for December, and...
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by Charles Purdy | Dec 9, 2022
It’s been a positive week for the single currency, strengthening against all major rivals, especially the Norwegian krone and Japanese yen, and around 1% against sterling. For next week, the betting appears to be that the European Central Bank will deliver a 50 basis...
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by Charles Purdy | Dec 9, 2022
Sterling approaches the weekend a little down on last Friday against the euro, while it has recovered most of the losses it made early this week against the US dollar. UK markets are preparing themselves for a busy next week, starting early on Monday with the GDP data...
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