The Sterling pound rallied against the dollar boosted by the upbeat UK retail sales report released earlier today as investor appetite for the pound remain… Read More
The Australian dollar was weak today, falling against all other most-traded currencies. That is despite domestic macroeconomic data that beat expectations.
The Australian Bureau of… Read More
The British pound continues to lose ground and has dropped below the 1.39 level on Friday. In European trade, GBP/USD is trading at 1.3880, down 0.31% on the day.
Pound sees red after FOMC m… Read More
US stocks are slightly softer heading into the FOMC as the stimulus boost wanes, inflation fears grow, and the economic recovery shows signs of softening. A wrath of US economic data d… Read More
The euro continues to struggle this week and hasn’t posted a winning daily session since Monday. In the European session, EUR/USD is trading at 1.2112, down 0.12% on the day.
US d… Read More
In previous posts, I’ve reviewed the impact COVID-19 has had on jobs and unemployment. An additional dataset we look at is the Retail Sales Report provided by the U.S. Census Bureau. I… Read More
The Chinese yuan reversed its recent downward trend against the US dollar to kick off the trading week, breaking below 6.7 on positive economic data. The latest… Read More