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Forex Today: Choppy action continues amid thin holiday trading

Here is what you need to know on Wednesday, December 27: Following a long weekend, the US Dollar (USD) continued to weaken against its rivals on Tuesday.

United kingdomRichmond fed manufacturing indexJapanese yenRetail tradeIndustrial productionNationwide housing prices

GBP/JPY holds positive ground above 181 50, traders enter holiday mode

The GBP/JPY cross holds positive ground during the early European session on Wednesday.

United kingdomKazuo uedaUnited kingdom gross domestic productUnited kingdom retail salesDecember monetary policyBoj governor kazuo uedaJapanese retail tradeIndustrial productionNationwide housing prices

GBP/USD pinned near 1 2800 as markets head into 2024

The GBP/USD climbed higher on Wednesday as broad-market risk appetite pushed the US Dollar (USD) into the floorboards, bolstering the Pound Sterling (GBP).

United kingdomFederal reserveJobless claimsPound sterlingNationwide housing pricesSimple moving average

GBP/USD trades higher around 1 2650 on hawkish BoE, weaker US Dollar

GBP/USD recovers its recent losses registered in the previous session, trading higher around 1.2650 during the Asian session on Friday.

United kingdomJerome powellMegan greeneBoe megan greenePound sterlingPersonal consumption expenditures price indexInitial jobless claimsNationwide housing pricesChairman jerome powell

Global stock index rose: Treasury yields climb with rates in focus

MSCI'S global stock index rose on Thursday while the Dow closed at its highest level since mid-January 2022.

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