Market Insights

Sterling rises after upbeat retail sales numbers

The sterling rose after data from the UK showed that retail sales in January rose faster than expected. The retail sales rose by an annualized rate of 4.2%.

Fri, Feb 15 Daily forecast Uncertainty returns as little progress made between US and China

February 18 - OctaFX Market in a Minute

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The greenback and kiwi outperform in the foreign exchange market

The euro currency came under heavy selling pressure this week, with single currency falling to a fresh 2019 trading low against the US dollar as the greenback strengthened broadly and EU economic data continued to worsen.

Week 7, Feb 11 - 17 Markets look for direction from global inflation and economic growth data