Growth figures from around the world have dictated foreign currency markets of late. With this in mind, here is a recap of the growth expectations and market results from the UK, the US and Europe.There is speculation in the UK over the strength of the economy, and foreign currency traders will be closely monitoring market fundamentals. The Bank of England recently scaled back their expectations of an increase in the UK central bank's asset purchase program, which was expected, but could also signal a downturn in the economy.The manufacturing purchasing mangers' indices (PMI) will be a good indication of the economic state in Britain. Many commentators believe this should show an improvement in manufacturing output, although this could be a soft increase, and may only lead to temporary gains for the currency.The European debt crisis will continue to plague sterling as much as it has the euro, owing to the UK's strong reliance on Euro activity.In Europe, PMI manufacturing from Germany should allow for a rise in confidence throughout the region. The economic powerhouse is considered to be the rock of the Euro economy, and confidence is therefore dictated by domestic results.However, until Greece comes to an agreement with its creditors, there will be continued nervousness over the euro's future. European shares started to rebound recently as the debt outcome looked more positive, and a similar resurgence is likely to happen with the currency.In the US, foreign currency investors will be waiting on the results of the ADP employment report and the non-farm payroll numbers for an indication on the state of the job market.According to the Financial Times, around 150,000 jobs are expected to have been created in January, with unemployment predicted to hold steady at 8.5 per cent. The manufacturing index is seen climbing to 54.5, from 53.9 in December, which is the strongest reading since June.The US has been used as a safe haven for investors during euro uncertainty, as well as the Japanese yen and the Swiss franc. It is likely that a swing in euro confidence could see investors move back to European markets.For more information on foreign exchange treasury services and risk management, visit our Corporate FX site