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Market Watch

Wed May 29, 2024
After several days of losses, the US dollar bounced back yesterday edging a touch higher after an improved Consumer Confident report and hawkish Fed [...]
Tue May 28, 2024
It has been a quiet start to the week with both the UK and US out for public holidays yesterday. Markets return today with [...]
Fri May 24, 2024
UK consumer confidence increased for the second consecutive month, with the Gfk gauge advancing to -17. Retail Sales excluding fuel, however, dropped sharply by [...]
Thu May 23, 2024
Minutes from the two-day FOMC meeting earlier this month showed that the officials support interest rates to be “higher for longer” and are worried [...]
Wed May 22, 2024
The sterling advances against the greenback after inflation data showed that price pressures in the UK fell less than expected in April, increasing doubts [...]
Tue May 21, 2024
The US Dollar gains against major peers as investors take profits from last week’s greenback shorts in a week that has little to offer [...]
Mon May 20, 2024
Last week’s CPI release for April did not surprise many as the change from the previous month was modest as well as a lower-than-expected [...]
Fri May 17, 2024
Currency markets continue to be driven by the outlook for the US economy along with the timing and size of future rate cuts from [...]
Thu May 16, 2024
The US dollar lost ground against its G10 peers yesterday after core CPI cooled for the first time in six months, aided by another [...]