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 ...
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 ...
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 ...
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) struggled to establish a clear direction yesterday, losing ground against its stronger counterparts as markets assessed the International Monetary Fund’s (IMF) updated growth ...
The pound (GBP) strengthened against most of its major peers at the start of this week, as renewed optimism over the future of UK-EU relations lent support to Sterling. The move followed comments from ...
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) could come under pressure this week as forecasts point to a contraction in the UK’s latest monthly GDP figures for August. However, a series of speeches from Bank of England (BoE) ...
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) 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 ...