The dollar retained its strength yesterday ahead of Non-Farm Payrolls, which will be released this afternoon. They’re expected to come in at 165,000 for January, an increase from 145,000 in December. The dollar could find more strength if…
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Euro ended the day yesterday up against the pound, despite a shaky start after German factor orders came in much lower than the previous month – when the markets were expecting an increase. The single currency also benefitted…
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Sterling weakened further yesterday as nerves surrounding negotiations between the UK and EU continue. After his speech at the beginning of the week, there are concerns that the Prime Minister will take a hard-line approach to trade negotiations…
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The pound was down yesterday on worries over the Brexit trade talks, after France’s Bruno Le Maire raised again the prospect of the UK financial services sector losing access to the EU markets, unless there is close regulatory…
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The dollar strengthened to a near two-month high against a basket of currencies due to positive economic data. US private jobs data showed that businesses hired 291,000 workers in January 2020, the most since May 2015, easily beating…
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German factory orders dropped unexpectedly by 2.1% month-on-month in December 2019, missing market expectations of a 0.6% advance. The Eurozone’s largest economy’s production figures have been less than stellar in previous months, so the ECB and the markets…
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Sterling was boosted briefly by positive services PMI data yesterday, which showed the strongest reading since September 2018. The figure was revised higher to 53.9, beating expectations of 52.9.
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After worries over a no-trade-deal end to the transition period have weighed down the pound over the past few days, services PMI data provided a brief boost yesterday. The Eurozone, however, saw some disappointing news this morning, with…
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