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USD: Powell testimony on Wednesday and Thursday

The dollar is slightly weaker against a basket of currencies this morning. It fell at the end of last week due to disappointing home sales, building permit and manufacturing figures. More data surrounding homes sales will be released this week and the markets will...


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GBP: Pound continues recovery

After dipping last week following the Bank of England’s monetary policy meeting, the pound recovered on Friday and is trading around those levels this morning. This week, all eyes will be on key data releases, which are due on both Wednesday, Thursday and Friday for...


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UK inflation data in focus

Following the Bank of England’s monetary policy meeting last week, the pound weakened before making a recovery on Friday. It is still attempting to recover this morning ahead of a week full of key data releases. The main data release of the week will be UK inflation...


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EUR: Eurozone inflation data eyed

The euro has weakened against the pound following the Bank of England’s interest rate decision but is up around 1% against the dollar this morning due to disappointing US data. Following on from the European Central Bank’s emergency meeting in which they said they...


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