Currency Market Update - 6th January 2025

Currency Market Update The first week of 2025 began with a Sterling sell-off on January 2nd. Interestingly, this has happened consistently over the past seven years. However, history suggests that this doesn’t necessarily signal a challenging year ahead for Sterling. Last week’s market activity occurred under relatively low liquidity conditions.

As liquidity improves this week, we expect exchange rates to stabilize and return to more predictable patterns.

This week brings a full schedule of economic data releases, offering plenty of opportunities for market volatility. If you’re trading, it’s essential to stay informed about these key events: CLICK HERE to read more.

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