The US dollar (USD) broadly advanced throughout yesterday’s session, with the safe-haven currency attracting modest demand as higher energy prices fuelled concerns over inflation. The USD also drew ...
The pound (GBP) edged lower against its stronger counterparts yesterday, with a lack of UK economic releases leaving the currency short of fresh support. At the same time, UK government bond yields ...
Further pressure could be in store for the euro today after Germany’s latest industrial data revealed a worrying plunge in factory orders during August. The US dollar (USD) attracted widespread demand ...
However, with no fresh UK data to drive the currency, the pound’s gains were limited. The UK economic calendar remains light today, which could leave the pound trading without a clear directional bias ...
With domestic data in short supply, the South African rand (ZAR) is likely to remain exposed to broader market trends this week, with elevated oil prices potentially undermining sentiment towards ...