Despite some unimpressive macro data, the USD continues its slow and gradual strengthening after the collapse of the last 10 days of January—a move that has now been ongoing for 21 sessions. No one will have missed the poor print of the Q4 GDP Growth Rate, which came in at just +1.4%, down from the […]
GBPUSD Dips Ahead of BoE Decision
Today marks a key policy day, with interest rate decisions due from both the European Central Bank and the Bank of England. The latter is of particular interest. The UK economy has been slowing steadily over recent quarters. Annual GDP growth has decelerated from 1.9% in Q4 2024 to 1.3% in the same period of […]
