New research finds that the recent increase in permanent job losses in the U.S. could lead to a sharp rise in unemployment and investors should position for a U.S. recession starting in 2023 unless the number of job losers drops significantly in the coming months.
April 17,2023
Federal Reserve rate hike expectations for the next meeting in May have tightened, despite rising U.S. recession fears.
April 24,2023
The Dollar rallied and stocks fell on the release of U.S. retail sales data that came in well below expectations.
April 14,2023
Stocks rose and the Dollar retreated after U.S. inflation fell at a faster rate than investors were anticipating in March.
April 12,2023
The Pound to Dollar exchange rate further reversed some of the week's gains in Good Friday trade after non-farm payrolls figures cast the U.S. labour market in a resilient light but also confirmed a continuing slowdown in employment growth while revealing job losses in some parts of the economy.
April 11,2023
The Dollar lagged major peers as investors bet banking sector woes have passed and U.S. labour market data pointed to an increase in joblessness ahead.
March 30,2023
Dollar exchange rates were unable to recoup losses on Tuesday after U.S. inflation came in largely as expected, even if the Core CPI inflation reading was somewhat hotter than expected.
March 14,2023
The Dollar was softer after the U.S. economy created over 300K jobs but the rate of increase in wages was softer than the consensus was anticipating.
March 13,2023
The Dollar rebounded ahead of the weekend after a key survey of the U.S. economy came in stronger than markets were expecting.
March 6,2023
The Dollar went higher in the immediate aftermath of the release of data showing U.S. inflation picked up in January, defying the Federal Reserve's best efforts to bring an end to historically elevated price rises.
February 14,2023
GBP came under significant pressure against the EUR and USD ahead of the weekend following the release of surprisingly strong U.S. Data.
February 6,2023
The Pound to Dollar exchange rate's losses deepened ahead of the weekend after a surge in U.S. non-farm payrolls sent currencies like Sterling and the Euro tumbling while forcing investors to look again at assumptions about the outlook for Federal Reserve (Fed) interest rates.
February 6,2023
The Pound to Dollar exchange rate remained buoyant around the 1.24 level on Thursday after official figures painted the world's largest economy into a picture of rude health that could have implications for financial market pricing of the Federal Reserve (Fed) interest rate outlook.
January 27,2023
The Dollar retreated against the Pound and other major currencies after data reaffirmed that U.S. inflation had peaked and was in the process of slowing, keeping alive expectations the Federal Reserve would soon end its interest rate hiking cycle.
January 13,2023
The Dollar pared some of its recent advances after data showed U.S. wage growth was softer than expected in December, however, support was offered by a stronger-than-expected increase in jobs.
January 6,2023
GBP/USD is under pressure amidst signs the Federal Reserve might have to raise interest rates to 5.4% amidst ongoing strength in the U.S. labour market.
January 5,2023
The Federal Reserve will feel justified in slowing down the pace it raises interest rates after U.S. inflation roundly underwhelmed expectations in November.
December 19,2022
The Pound to Dollar exchange rate made another attempt at recovering above 1.22 in midweek trade after official data suggested growth in U.S. employment costs moderated last quarter and that productivity picked up in labour market outcomes that would likely be welcomed by the Federal Reserve (Fed).
December 7,2022
The Pound to Dollar exchange rate rose to some of its highest levels for almost months when climbling back above 1.22 and approaching the 1.23 handle in a rally that built further following the release of Bureau of Economic Analysis data confirming that U.S. inflation pressures eased in October.
December 2,2022
U.S. retail sales were significantly higher than expected in October, but there are signs this spending is being funded by an increasing debt burden that offers flashbacks to behaviour that preceded the 2008-2009 recession.
November 16,2022
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