USD: Dollar strong after data releases

The dollar has strengthened this morning, recovering from its losses on Wednesday, as market mood turns more cautious. The greenback’s strength comes from recent US data. Inflation figures beat market expectations and initial jobless claims fell in line with...


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USD: US inflation cools

The dollar has weakened slightly against the pound and the euro this morning following inflation rate figures yesterday. The US consumer price index increased 0.5% in July after climbing 0.9% in June, the largest drop in the month-to-month inflation in 15 months....


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Sterling supported by positive GDP figures

The pound has held onto its gains against the dollar and the euro following the release of UK GDP figures this morning . The data shows that the UK economy grew by 4.8% in the second quarter of this year, largely due to the return of indoor dining and leisure...


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