Market insights

The Pound Continues Its Run - MI011223

Sterling has started December like it left November. On the up.

Traders continue to favour the Pound as we head into a new month. Generally positive news combined with lower inflation than expected in the Eurozone have contributed to this rise.

Maybe the key speeches from the ECB will alter things through the day.

After that eyes will turn to the Canadian Dollar with their unemployment rate out early afternoon where the expectation is for the rate to rise to 5.8%.

Everything turns Dollar from then with a number of speeches from the FED throughout the rest of the day.

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Economic calendar

EUR: 10:00 ECB's Frank Elderson Speech

EUR: 11:30 ECB's Christine Lagarde Speech

CAN: 13:30 Unemployment Rate

US: 15:00 FED's Austan Goolsbee Speech

US: 16:00 FED's Jerome Powell Speech

US: 19:00 FED's Jerome Powell Speech

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