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Retail Sales supports Sterling, at least for today

GBPUSD, H1 The cooling of the bid underpinning the USD, which started yesterday following the weak PMI data, has continued overnight and into the European...

Draghi’s “risk sharing” speech lifts EUR

EURUSD, H1 ECB's Draghi promotes drive for more risk sharing. With Italy jitters driving out spreads once again, the issue of Eurobonds, now under the...

Sterling in Focus before FED Dominates later

Sterling has been holding up, belying the general uncertainty.  Although softer today, the UK currency is still showing about a 1.7% averaged gain versus...

EUR under pressure following PMI Releases

EURUSD, H1 Eurozone Composite PMI improved in February, with a stronger services reading counterbalancing disappointing manufacturing confidence. The services PMI came in much stronger than...

Could the weekend’s bullish Pound signs, continue?

The positive mood in Asia failed to spill over into the European session today. GER30 is down by around -0.60%, while UK100 futures are...

Big miss for US Retail Sales hits USD

The Dollar fell following the mix of data, where retail sales were way under expectations, PPI headline cooler, core hotter, and jobless claims higher...

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Macro Events & News

Macro Events & News