GBP

Dollar Down Ahead of FOMC Tomorrow The US dollar has been a little weaker over the European morning so far on Tuesday. Price action is likely to stay muted until tomorrow which sees US CPI data followed by the FOMC later in the day.… Read More

On Thursday, UK voters return to the polls for their third general election in just four years. The number of elections in this period (which is typically limited to one election every four years) highlights the difficulties Brexit has… Read More

USD Higher Ahead of Data The US dollar has been higher again today with the USD index trading 98.25 last, moving back up towards recent highs. Later today traders receive the CB consumer confidence number for last month which is expected… Read More

Tory Candidates To Back Johnson's Brexit Deal GBP has been trading higher this week. Optimism around Brexit has helped lift the exchange rate against both USD and EUR. This fresh wave of optimism comes on the back of news that all 634… Read More

The UK elections environment has seen a dramatic twist this week. Nigel Farage, the leader of the Brexit party, announced that the party will not field candidates in Conservative constituencies and will only oppose those held by Labour… Read More

The Bank of England will be holding its monetary policy meeting today. Officials at the central bank will, no doubt, be leaving interest rates steady. The UK’s interest rates stand at 0.75%, for the most part, this year. So far there… Read More

Johnson Defeated Over Brexit Bill The UK PM fought desperately to get his Brexit deal through parliament. However, in the end, his efforts failed. While MPs did ultimately back the PM’s deal, parliament refused to support rushing the… Read More

Overnight and tomorrow we have a set of data releases that could directly affect the price movement of major currencies. The NZ inflation data is especially interesting since it's only published once per quarter. And investors are really… Read More

USD in Demand The US dollar has been a little firmer over the European morning so far on Tuesday. Fluctuations in risk appetite around trade war and Brexit headlines continue to impact the safe-haven flows seen for USD. Fed rate cut… Read More

The mid-month week ahead is expected to remain mostly quiet. Being that it isn’t one of the exciting weeks in terms of data, focus shifts to China’s GDP figures that are due to be released on Friday. The data will provide further insights… Read More