JPY Weakens Amid Positive European Market Sentiment and Mixed Economic Data
The Japanese yen weakened against other major currencies during the European trading session on Wednesday. European stock indices saw gains…
Author: Jake Simmons
British Pound Weakens on Rate Cut Speculation and Rising Budget Deficit
The British pound declined against major currencies during the Asian trading session on Wednesday, as market participants speculated on a…
UK House Prices See Largest January Jump Since 2020
In January, UK house prices experienced their sharpest increase at the start of a year since 2020, driven by a…
Euro Strengthens Amid Positive European Market Performance
The euro gained ground against major currencies during Monday’s European session, buoyed by higher trading in European stock markets. Key…
UK Retail Sales See Unexpected Drop in December
Retail sales in the UK fell unexpectedly in December, despite the holiday season, with food sales experiencing their steepest decline…
U.S. Industrial Production Declines in November
The Federal Reserve released data on Tuesday revealing an unexpected 0.1% decrease in U.S. industrial production for November, following a…
Eurozone Industrial Production Stagnates in October
Industrial production in the Eurozone showed no growth in October, as gains in capital goods were counterbalanced by declines in…
European Central Bank Cuts Interest Rates Amid Growth Concerns
The European Central Bank (ECB) reduced its key interest rate by 25 basis points on Thursday, aligning with economists’ expectations.…
BOC Cuts Interest Rate by 50bps
The Bank of Canada (BOC) has announced a widely anticipated 50-basis-point interest rate cut, bringing its overnight rate to 3.25%,…
British Pound Experiences Uptick Amid European Shares Gain
The British pound strengthened against major currencies during Thursday’s European session, buoyed by improved investor sentiment following developments in France’s…