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19 Jan 2024

United States Baker Hughes US Oil Rig Count fell from previous 499 to 497

Jan 19, 2024

US Dollar trims gains following consumer sentiment data, set to close a winning week

The US Dollar (USD) is seen neutral by the end of the week and currently tallies a 0.90% weekly gain.

GBP/USD dips as UK Retail Sales plummet, raising recession concerns

The Pound Sterling (GBP) slumped against the US Dollar (USD) after the Office for National Statistics (ONS) revealed that retail sales plunged sharply, which could deter the Bank of England (BoE) from keeping policy tight without tapping the economy into a recession.