US moving higher against GBP, AUD, NZD, CAD (yen to a lesser extent, EUR not much changed)

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US moving higher against GBP, AUD, NZD, CAD (yen to a lesser extent, EUR not much changed)

<p>Despite the better news coming out of China on reopening the USD is adding ona few points in Europe/UK morning trade. </p><p>There is no fresh news apart from what has been posted. </p><p>Still ahead is the inflation expectations survey from the UK. Markets seem comfortable expecting a 50bp rate hike from the Bank of England next week so I am not sure this data point will move the needle too much. </p><ul><li><a href="https://www.forexlive.com/centralbank/economic-calendar-in-europeuk-friday-9-december-2022-boe-inflation-attitudes-survey-20221209/" rel="follow" target="_self" class="article-link vertical-align-baseline">Economic calendar in Europe/UK - Friday, 9 December 2022 - BoE inflation attitudes survey</a></li></ul><p>Also on the agenda is PPI and Michigan consumer sentiment from the US later. I'll have more to come on these separately. </p>

                This article was written by Eamonn Sheridan at www.forexlive.com.

Source: US moving higher against GBP, AUD, NZD, CAD (yen to a lesser extent, EUR not much changed)

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