18/01/2024 – Exchange Rates
- Posted by currencies in Rate Alerts
- January 18, 2024
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Stronger than expected U.S Retail Sales in December has helped to keep the US Dollar elevated near a 5-week high against the major currency pairs, with Interest Rate cut expectations dropping with The Federal Reserve seemingly in no exact rush to lower their rates. Markets have now trimmed the odds of a first rate cut […]
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- Posted by currencies in Bank of England, Currency, Dollar, Economy, EUR, Fed, GBP, Inflation, Rate Cuts, Retail Sales, Sterling, UK, Uncategorised
- January 18, 2024
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Stronger than expected U.S Retail Sales in December has helped to keep the US Dollar elevated near a 5-week high against the major currency pairs, with Interest Rate cut expectations dropping with The Federal Reserve seemingly in no exact rush to lower their rates. Markets have now trimmed the odds of a first rate cut […]
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- Posted by currencies in Rate Alerts
- January 17, 2024
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Pound Sterling has risen across the board this morning after UK inflation figures for December increased more than initial expectations. This has now led to markets lowering their expectations for immediate Bank of England interest rate cuts, which of course bodes well for The Pound if as suggested The Federal Reserve and European Central Bank […]
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- Posted by currencies in Bank of England, Currency, Dollar, EUR, Fed, GBP, Inflation, Rate Cuts, Sterling, UK, Uncategorised
- January 17, 2024
- No Comments
Pound Sterling has risen across the board this morning after UK inflation figures for December increased more than initial expectations. This has now led to markets lowering their expectations for immediate Bank of England interest rate cuts, which of course bodes well for The Pound if as suggested The Federal Reserve and European Central Bank […]
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- Posted by currencies in Rate Alerts
- January 16, 2024
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German GDP figures for 2023 was released yesterday and showed a decrease of economic output for 2023 by -0.3%. Showing that the German economy is struggling with higher interest rates. With that in mind, this morning we had German inflation for December recording a level of 3.7% from 3.2% in November. Challenges ahead now is […]
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- Posted by currencies in Bank of England, Currency, Dollar, Economy, election, EUR, Fed, GBP, Inflation, Rate Cuts, Sterling, UK, Uncategorised
- January 16, 2024
- No Comments
German GDP figures for 2023 was released yesterday and showed a decrease of economic output for 2023 by -0.3%. Showing that the German economy is struggling with higher interest rates. With that in mind, this morning we had German inflation for December recording a level of 3.7% from 3.2% in November. Challenges ahead now is […]
READ MORE15/01/2024 – Exchange Rates
- Posted by currencies in Rate Alerts
- January 15, 2024
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Sterling exchange rates closed on Friday net positive for the week after GDP numbers showed that the UK economy rebounded in November- however, the part that perhaps wasn’t reported as much is that over the quarter the economy contracted by 0.2%. Overall this is following the trend that the UK economy is not growing at […]
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- Posted by currencies in Bank of England, Currency, Dollar, Economy, election, EUR, Fed, GBP, Inflation, Rate Cuts, Sterling, UK, Uncategorised
- January 15, 2024
- No Comments
Sterling exchange rates closed on Friday net positive for the week after GDP numbers showed that the UK economy rebounded in November- however, the part that perhaps wasn’t reported as much is that over the quarter the economy contracted by 0.2%. Overall this is following the trend that the UK economy is not growing at […]
READ MORE12/01/2024 – Exchange Rates
- Posted by currencies in Rate Alerts
- January 12, 2024
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US inflation came in stronger than what was forecasted for December, seeing the inflation rate increase to 3.4% versus 3.1% in November. Even if core inflation dropped from 4% to 3.9%, it was expected to reach a level of 3.8%. This has created more market uncertainty of when the Federal Reserve will start to cut […]
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- Posted by currencies in Bank of England, Currency, Economy, EUR, Fed, Inflation, Rate Cuts, Sterling, UK, Uncategorised
- January 12, 2024
- No Comments
US inflation came in stronger than what was forecasted for December, seeing the inflation rate increase to 3.4% versus 3.1% in November. Even if core inflation dropped from 4% to 3.9%, it was expected to reach a level of 3.8%. This has created more market uncertainty of when the Federal Reserve will start to cut […]
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