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US Retail Sales Crater & Empire State Improves

USDJPY, H1 US retail sales plummeted another -16.4% in April and dropped -17.2% excluding autos, to all-time lows. The April data picked up much of...

Another Big Unemployment Claims Week

USDJPY,H1 US initial jobless claims fell -677k to 3,169k in the week ended May 2 following the -596k decline to 3,846k (was 3,839k) in the...

BOE – Sterling Stalls Again

GBPUSD, H1 BoE left the bank rate unchanged, and the asset purchase target was also left untouched at GBP 645 bln. After the bank slashed...

US Claims & GDP – 2 Sides of the COVID-19 Coin

The 3,001k initial claims surge to an unprecedented 3,283k in the third week of March dwarfed the 71k rise to 282k (was 281k) in...

FX Update – September 26

GBPUSD, H1  The Dollar has given some of the gains seen yesterday, tracking the US 10-year Treasury yield, which has deflated by a few basis...

More Pressure on the Pound

GBPUSD, H1 The UK's June construction PMI was much weaker than expected in dropping sharply to a 43.1 headline reading, down significantly from 48.6 in...

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