EUR/GBP: Lower after UK Manufacturing data enters growth zone
EUR/GBP edges lower into the 0.8550s on Tuesday, on the back of strong UK Manufacturing data.
Source: fxstreet.com
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UK retailers provide first Q4 earnings color, highlight Red Sea disruptions
EU mid-market update: Flickers of hope in EU data; UK retailers provide first Q4 earnings color, highlight Red Sea disruptions.
Source: fxstreet.com
Fed's Waller and ECB's Stournaras talk rate cuts
- Stocks move higher and bond yields lower as interest rate expectations are further dialed in after Fed Waller yesterday spoke about seeing case for rate cut in several months if inflation takes on course, suggesting a move in H1 2024, alongside a significant drop in German states and Spain’s CPI readings, ahead of Germany’s national reading at 08:00 ET.
Source: fxstreet.com
GBP/USD Price Stalls as Buyers Fear US Prelim GDP Data
The GBP/USD price posted a fresh top on Wednesday at 1.2733. However, the pair couldn’t sustain the gains, falling to 1.2682 when writing.
Source: forexcrunch.com
EU data on falling inflation and declining GDP pivoted bond yields
EU Mid-Market Update: EU data on falling inflation and declining GDP pivoted bond yields to the downside on expectations of lower interest rates; Isra
Source: fxstreet.com