UK Economy

August was a good month for cable, and with the latest UK Jobs Data, there are signs that September could be as strong. Although the pair has moved back a bit since the start of the month, that has been more thanks to dollar strength than…
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After last week's market chaos, traders are likely getting to grips with a new reality, particularly with cable. As a result of the shift in perception, the BOE is not expected to cut at a slightly faster rate than the Fed. But both are…
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Cable is in for a potentially rough couple of days with upcoming economic events. That is, unless a series of particular notes is reached that matches a lot of different expectations. All eyes are on the BOE rate decision on Thursday. But…
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The GBPUSD has largely been trading flat (within its ups and downs) so far this year. It's down compared to Jan 2 as it is coming out of its latest downswing. But the data and monetary policy might be conspiring to prevent the price of…
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UK Normalization Means GBPUSD Going Up? Tomorrow is the release of key economic figures from the UK which is expected to show a continuation of the diverging trend in the data lately. While the economy has shown to be improving, the…
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There is likely to be extra focus on the UK's monthly GDP figures this time around. That's because the Q4 GDP reading was preliminary, and could be revised. Recall that there was a surprise downturn in the final quarter of last year, which…
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The latest data could be pointing to further downside for the Euro, even taking into account the recent drop. This trend could accelerate if US figures next week confirm the positive trajectory for the economy. Although another dip into…
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The main focus for the upcoming BOE rate decision will be potential interpretations for future actions. The consensus among economists is universal that the BOE will keep policy unchanged. But there is considerable debate as to when it will…
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EURUSD subdued as ECB remains firm The euro faltered in its latest attempt at a resurgence as the ECB kept interest rates unchanged. The central bank still duels with record high levels as it looks to bring inflation back to 2%.…
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