"It seems that traders have accepted that there is a recession on the horizon but in comparative terms, since every economy is in the same boat, single data sets do not necessarily mean a reaction from individual currencies.

If the UK economy is slowing at a rate of 6% per quarter, the U.S, Eurozone, Japan etc. are also slowing at an alarming rate so comparisons are futile."

Beyond Currency Market Commentary:

Aims to provide deep insights into the political and economic events worldwide that can cause currencies to change and how this can affect your FX Exposure.