The index of U.S. leading indicators rose in January for the seventh straight month, signaling the expansion will extend into this year. The Conference Board’s gauge of the outlook for the next three to six months increased 0.1 percent after rising 0.8 percent in December, the New York-based gro…
Cable is continuing to trade volatile. It recorded a high of 1.6146 and is now coming down
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FX Thoughts for the Day
Currency markets are set to look past European event risk as the spotlight remains on the outlook for US monetary policy, with January’s CPI reading now in focus.