GBP/USD softens towards 1.2700 ahead of Tuesday's UKJ labor figures, BoE Gov Bailey testimony
The GBP/USD fell back once more on Monday, testing 1.2715 after a short-lived rally at the Modnay open reversed course.
Source: fxstreet.com
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Pound Sterling drops as US market holiday dampens risk-appetite, UK Employment data eyed
The Pound Sterling (GBP) remains muted as investors await the United Kingdom labor market data for three-months ending November, which will be published on Tuesday.
Source: fxstreet.com
European indexes close broadly higher in upbeat Friday to round out the week
Major European equity indexes broadly gained ground on Friday, stepping up ahead of the trading week’s close after UK Gross Domestic Product (GDP) grew more than expected.
Source: fxstreet.com
Inflation back in the spotlight this week with CPI and PPI on deck
A surprisingly strong December jobs report, highlighted by an uptick in wage growth, keeps the spotlight on inflation early in the new year.
Source: marketwatch.com
U.S. economy stumbles at year's end, ISM finds
A barometer of business conditions at service-oriented companies fell in December to a seven-month low, suggesting a hiccup for the U.S. economy.
Source: marketwatch.com