Later today, the latest US durable goods orders figures could provide further support for the dollar if they confirm that demand rebounded in September, as forecast. The Canadian dollar (CAD) came ...
However, Sterling has come under renewed pressure this morning after the latest UK retail sales figures revealed a steeper-than-forecast decline in consumer spending last month. The pound could face ...
France’s 10-year government bond yield briefly climbed to 5%, reaching its highest level since 2002 and intensifying fears of a fiscal crisis in the Eurozone’s second-largest economy. Looking ahead, ...
The euro could face renewed headwinds at the start of this week following a weekend marked by riots and looting across France. The US dollar extended its decline towards the end of last week as ...
Sterling (GBP) ended last week on the back foot after the UK’s latest retail sales report revealed that consumer spending fell more sharply than anticipated in September. The disappointing figures ...
The pound (GBP) advanced on Thursday after the UK’s latest GDP figures surprised to the upside. The economy’s return to growth in August was seen as bolstering the argument for the Bank of England ...
The pound (GBP) finished last week on a firmer footing, consolidating much of the progress made earlier in the session. Sterling continued to draw support from Prime Minister Andy Burnham’s recent ...
The pound (GBP) found modest support during yesterday’s session as markets assessed comments from Bank of England (BoE) Governor Andrew Bailey. Bailey cautioned that inflationary pressures are ...
The pound (GBP) moved within a broad range yesterday, with the UK’s final manufacturing PMI offering little direction to the currency. Although the final reading was revised slightly lower, it ...
The pound (GBP) edged lower against its stronger counterparts yesterday, with a lack of UK economic releases leaving the currency short of fresh support. At the same time, UK government bond yields ...
The pound (GBP) lacked a clear direction on Friday, with an absence of fresh UK economic releases leaving the currency without a meaningful catalyst. Although Sterling made gains against some of its ...
The pound (GBP) remained supported yesterday as expectations grew around a potential Bank of England (BoE) interest rate hike next month, while the prospect of closer UK-EU ties also lent Sterling ...