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Risk Off – BOE & US GDP to come

Another busy day ahead, with the BoE MPC expected to display a clear division over the need to cut interest rates and the first...

FX Update – January 28

USDJPY, H1 The Yen and Swiss Franc softened, paring some of the safe-haven premiums built up in recent sessions, as the pace of risk-off positioning...

Why has Sterling dropped post PMIs?

GBPUSD, H1 The UK's flash January composite PMI smashed expectations in rising to 52.4, a 16-month high and a solid rebound from December's 49.3 reading....

FX Update – US Closed & USD Softer

EURUSD, H1 The Dollar has seen modest weakness in quiet early-week trading. Volumes are likely to remain on the low side today with US markets...

Sterling Swings Lower

GBPUSD, H1 UK retail sales unexpectedly contracted by 0.6% m/m against a median forecast for a 0.5% m/m rise. November figures also revised slightly lower....

Softer USD in European Trading

The USD remains soft and EUR bid ahead of ECB Minutes, US Retail Sales and a speech from President Lagarde later. Click here to access the HotForex...

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