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Market Watch

Wed August 30, 2023
The single currency dropped below 1.08 yesterday before recovering after softer US data, pushing EURUSD back to the top of its recent range, which [...]
Tue August 29, 2023
The US dollar remains well supported ahead of a data packed week as investors continue to digest comments from Fed Chairman Jerome Powell last [...]
Wed August 23, 2023
The single currency endured a volatile session yesterday, initially rallying before slipping to find support around 1.0840 as markets await PMI data this morning. [...]
Tue August 22, 2023
US treasury yields remain elevated after reaching their highest level since 2007 as markets await a key speech from Fed Chairman Jerome Powell on [...]
Mon August 21, 2023
Markets continue to trade in summer mode, with price action being driven by headlines out of China and US treasury yields. China continues to [...]
Fri August 18, 2023
We kick off the final day of the working week with a soft data release from the UK with Retail Sales falling more than [...]
Thu August 17, 2023
The FOMC released minutes of its 25-26 July policy meeting yesterday which showed that officials are cautiously optimistic about achieving a soft landing. The [...]
Tue August 15, 2023
Sterling traded in a very narrow range overnight and jumped to 1.2720 on alarming UK jobs data, but it has now retraced the movement [...]
Mon August 14, 2023
Markets start the week in ‘risk off’ mode as rising treasury yields and concerns over China’s economy dent confidence. Chinese data releases for July [...]