UK Retail Sales Soar in January to Erase December Slump, GBP Unfazed
Sterling rose but almost immediately settled back down after UK retail sales in January made up for Decembers dismal data. GBP reflects on a busy week
Sterling rose but almost immediately settled back down after UK retail sales in January made up for Decembers dismal data. GBP reflects on a busy week
This article explores gold's fundamental and technical outlook, dissecting key scenarios that could play out in the near term in response to U.S. PPI data.
The International Energy Agency lowered its estimate of oil demand growth, renewing oversupply concerns at a time when major economies confirm recessions
EUR/USD rises for a second consecutive day after weak US retail sales data, but its recovery could be derailed if the upcoming US PPI report shows limited progress on disinflation.
Bitcoin has rallied by over 20% already this month as buyers continue to dominate the market. A short-period of consolidation could lead to further gains as the ‘halving’ draws closer.
Markets have been braced for a withdrawal from the longest period of easy monetary policy by any central bank. Japanese growth data numbers make that less likely
Worse-than-expected UK GDP data for Q4 plunged the UK into recession. Attention now turns to possible tax cuts to be announced in the Spring Statement - BoE stands firm
This article explores the technical outlook for several British pound currency pairs, including GBP/USD, EUR/GBP and GBP/JPY. Recent market sentiment dynamics and key levels to watch are also discussed.
The U.S. dollar pauses after Tuesday’s strong rally, but the lack of follow-through to the upside doesn’t necessarily signal a loss of conviction in its bullish outlook.
USD/JPY, GBP/JPY and EUR/JPY setups analysed after officials eye ‘FX intervention’ as a possible solution to undesirable FX moves