Page 9 - Sentiment Data News Today

GBP/USD continues within a key technical pattern ahead of central bank speakers later today while the Brexit deal gathers momentum.

GBP/USD price action has the pound testing the key 200-day MA ahead of the US durable goods orders release later today.

EUR/GBP & GBP/USD price action shows minimal changes to last week’s close as markets prepare for a slew of UK, US and eurozone fundamental data throughout the week.

UK CPI data showed a marked decline in inflationary pressures for January resulting in a pound sell-off with GBP/USD testing the 1.21 support level.

The GBP/USD price is showing signs of suspicion as markets keenly anticipate UK employment and US CPI tomorrow.

EURUSD PRICE FORECAST: EUR/USD failed to capitalize on upgraded growth forecasts by the European commission.

The S&P 500 index and NASDAQ 100 head into the week on the backfoot with singular focus on the U.S. CPI report.

SAN FRANCISCO, Feb. 8, 2023 /PRNewswire/ -- The global alternative data market size is anticipated to reach USD 135,723.5 million by 2030, according to a new report by Grand View Research, Inc.

GBP/USD is at the mercy of the Fed and U.S. centric information as markets reprice their rate expectations higher weighing negatively on the pound.

The Bank of England hiked rates by half a basis point but more placid guidance from the MPC has left the pound on offer. GBP/USD eyes 1.22.