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GBPUSD Awaiting BOE Interest Rate Policy

The BOE will be the latest central bank to declare a rate hike this month, with expectations it will follow the ECB and Fed's...

Market Update – April 19 – USD Holds gains , UK CPI very hot

The USD rotated (USDIndex at 101.50) as Bonds lead with Yields higher too. Expectations for a 25 bp May Fed rate hike continued to...

Mixed Services PMI Data from EZ & UK

EURGBP, H4 Eurozone Composite PMI revised lower, but still at a 10-month high today. The S&P Global Composite Output Index was revised down to 53.7...

Sterling Spikes Higher as Inflation Surprises & Pressures BOE

GBPUSD, H1 UK inflation surged higher ahead of BoE. The data came in much higher than anticipated, with Headline CPI hitting 10.4% from 10.1% last month,...

Mixed NFP – Lifts Stocks and Weighs on USD

The US jobs report was slightly weaker than expected on net, mostly via big downward private payroll revisions that were offset by a stronger...

Emerging Market Currencies Around 19.0000

USDIndex, Daily The USDIndex has stabilised after correcting yesterday in the wake of US bank troubles that pulled global stock markets lower. Wednesday's post Powell...

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