The dollar awaits a key speech from Federal Reserve Chair Jerome Powell later today. He’s expected to comment on the Fed’s interest rate target, as well as the overall outlook for the US economy.
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The German government announced yesterday that it would extend its jobs support scheme until the end of 2021. The scheme, which is their equivalent to the furlough scheme in the UK, allows employees to work shorter hours whilst…
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This week has been fairly light on data for the UK, so events elsewhere or any Brexit news could have an effect on sterling. Governor of the Bank of England, Andrew Bailey, is due to speak at the…
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The markets will focus on a key speech from Federal Reserve Chairman, Jerome Powell, which is due to be made later today at the Jackson Hole Symposium. The annual event is used by central bankers to voice major…
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The dollar weakened yesterday after news that a phone call between US and Chinese officials has provided optimism over the phase one trade deal.
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The euro strengthened against the dollar yesterday due to a positive data release in the morning, which showed that business sentiment in Germany is improving.
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Bank of England official, Andy Haldane, will make a speech later on the state of the economy and the BoE’s next moves on interest rates.
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The pound is stronger against the dollar and euro today despite data released yesterday, which showed that the health of the retail sector is worse than was expected. Focus today turns to Bank of England official, Andy Haldane, who…
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