The British pound broke above the 1.2700 barrier against the US dollar and traded around 1.2735 in Asian trading on Thursday, with the uptick bolstered by a weaker USD and encouraging news
The GBPUSD pair held below the 1.2700 mark during early Asian session on Wednesday, trading near 1.2695 and losing 0.08% on the day, with the downtick backed by the renewed US Dollar
By Naeem Aslam Investors are taking a cautious approach when it comes to taking risks. This week’s economic data hasn’t been so supportive of their investment thesis, and hence they are
By Craig Erlam Labour market figures Tuesday morning kicked off a big week of economic data for the UK in a promising way, with wage growth a particular highlight from the report.
By Craig Erlam Stock markets ended the week on a high, buoyed by weaker PPI readings from the US that suggest inflation will keep falling in the coming months. The PPI data
By Lukman Otunuga, Senior Market Analyst at FXTM Investors will likely remain cautious ahead of a week packed with key data and policy decisions from major central banks. Asian shares declined on
By Craig Erlam Recent UK economic data has been a mixed bag, with wages rising at a much-accelerated rate, but inflation decelerating as expected. While the Bank of England will be relieved
By Edward Moya Wall Street is watching a global bond market selloff get uglier as US stocks wavered late Thursday ahead of massive earnings from Apple and Amazon. A lot of economic
By Naeem Aslam With inflation running at the highest level among G7 nations, the Bank of England has no easy task on its hands. The UK central bank’s decision to hike interest
By Lukman Otunuga, Senior Market Analyst at FXTM Asian markets were a mixed bag on Tuesday as weak China data countered the initial optimism set off by Wall Street overnight, after the
