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Strong British Data Gives the BoE More Room to Hike
FX Empire via Yahoo Finance· 7 months agoThere’s been a range of mostly positive data from the UK since late last week which is part of the reason for the pound’s continued multi-year highs...
The UK’s Recession Arrives: What’s Next for the Pound
FX Empire via Yahoo Finance· 1 month agoHowever, cable didn’t show a strong decline, with sterling actually bouncing back as a recession had...
BoE Hikes as Struggle Against Inflation Continues
FX Empire via Yahoo Finance· 11 months agoOne of the most important items of news this week was Thursday’s statement and press conference from the Bank of England. As widely expected, there was a...
Cautious Optimism on GDP Might Support the Pound
FX Empire via Yahoo Finance· 6 months agoUK GDP Data and Currency Trends: A Look Ahead The pound mostly made gains against other major currencies early on Friday 29 September in the aftermath of...
The Dollar Holds Strong as Headline Inflation Ticks Back Up
FX Empire via Yahoo Finance· 7 months agoAnnual non-core inflation in the USA for July came in at 3.2% on Thursday 10 August, slightly lower...
Hopes Of Economic Recovery Boost Sterling
FX Empire via Yahoo Finance· 2 weeks agoThe pound sterling has remained generally strong against most other major currencies although it’s still lower than recent highs. The UK is one of...
European Recession in Focus Ahead of the ECB
FX Empire via Yahoo Finance· 10 months agoWith the eurozone and Germany now in a technical recession, the euro has nevertheless made gains so far this week and major indices have held close to...
Strong U.S. Economic Performance Seen As Boosting Dollar
The Wall Street Journal· 2 months agoNEWSPLUS 1440 ET – Today’s divergence between Treasury yields and the dollar is driven by the strong...
Sterling Wobbles After Higher Inflation
FX Empire via Yahoo Finance· 5 months agoMixed British data this week has driven the pound strongly downward against the euro while other major pairs with sterling have been mostly less active....
Gold Shines as the US Economy Slows
FX Empire via Yahoo Finance· 2 months agoWith the Federal Reserve (‘the Fed’) having signalled that a cut to the funds rate is unlikely next month, the slight majority of traders now expects a...