Market Update
- Posted by currencies in Bank of England, Bremain, Brexit, Currency, Dollar, Economy, EUR, Fed, GBP, Inflation, Rate Alerts, Sterling, UK, Uncategorised
- January 22, 2020
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On Tuesday Boris Johnson suffered a fourth defeat on his Brexit Legislation after members of Parliament’s Upper Chamber voted to protect Children Refugee’s once Britain leaves the European Union. Changes were initially made to the legislation on Monday, including the rights of EU citizens after Brexit. The Bill is due to be debated again next […]
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20/01/20 – This Morning’s Exchange Rates
- Posted by currencies in Retail Sales
- January 20, 2020
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Please find the exchange rates listed at the bottom of the article, the rates are for indication purposes only, for a live quote please contact us. Last week Retail Sales figures disappointed coming out weaker at 0.7% against the anticipated 3% rise. Large name retailers across the UK have stressed that December’s sales were the […]
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Market Update
- Posted by currencies in Bank of England, Bremain, Brexit, Currency, Dollar, Economy, EUR, Fed, GBP, Mark Carney, No Deal, Prime Minister, Referendum, Retail Sales, Sterling, UK, Uncategorised
- January 20, 2020
- No Comments
Last week Retail Sales figures disappointed coming out weaker at 0.7% against the anticipated 3% rise. Large name retailers across the UK have stressed that December’s sales were the worst they had seen in years. Throughout last week Sterling had the worst performance out of all the major currencies. Moving onto the upcoming week it […]
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17/01/2020 – This Morning’s Exchange Rates
- Posted by currencies in Rate Alerts
- January 17, 2020
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Please find the exchange rates listed at the bottom of the article, the rates are for indication purposes only, for a live quote please contact us. The British pound fell sharply earlier this week after a BoE policy maker said they ‘would vote for a rate cut unless economic data improved significantly’. With the weaker […]
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Market Update
- Posted by currencies in Bank of England, Bremain, Brexit, Currency, Dollar, Economy, EUR, GBP, Inflation, Mark Carney, Prime Minister, Sterling, UK, Uncategorised
- January 17, 2020
- No Comments
The British pound fell sharply earlier this week after a BoE policy maker said they ‘would vote for a rate cut unless economic data improved significantly’. With the weaker inflation data on Wednesday the market is pricing in a 57% chance of a 25-basis point cut to rates in January. On Thursday sterling edged higher, […]
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16/01/2019 – This Morning’s Exchange Rates
- Posted by currencies in Rate Alerts
- January 16, 2020
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Please find the exchange rates listed at the bottom of the article, the rates are for indication purposes only, for a live quote please contact us. Inflation for the UK has fallen to the lowest level since November 2016; from 1.5% to 1.3%. The Bank of England has a 2% target for inflation which is […]
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UK Inflation Dropped To Lowest Since Nov 16
- Posted by currencies in Bank of England, Bremain, Brexit, Currency, Dollar, Economy, EUR, GBP, Inflation, Mark Carney, Prime Minister, Sterling, UK, Uncategorised
- January 16, 2020
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Inflation for the UK has fallen to the lowest level since November 2016; from 1.5% to 1.3%. The Bank of England has a 2% target for inflation which is far from current figures. As a result of this, the chances of an interest rate cut have increased dramatically. Three Bank of England policy makers have […]
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15/01/2020 – This Morning’s Exchange Rates
- Posted by currencies in Rate Alerts
- January 15, 2020
- No Comments
Please find the exchange rates listed at the bottom of the article, the rates are for indication purposes only, for a live quote please contact us. GBP has experienced continued pressure over the past 48 hours due to weak economic data ramping up the calls for the Bank of England to cut interest rates in […]
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Pound Under Pressure
- Posted by currencies in Bank of England, Brexit, Currency, Dollar, Economy, EUR, Fed, GBP, Inflation, Mark Carney, Sterling, UK, Uncategorised
- January 15, 2020
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GBP has experienced continued pressure over the past 48 hours due to weak economic data ramping up the calls for the Bank of England to cut interest rates in their next policy meeting. According to reports, more than half of the members of the Bank’s Monetary Policy Committee are ready to back a rate cut. […]
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14/01/2020 – This Morning’s Exchange rates
- Posted by currencies in Rate Alerts
- January 14, 2020
- No Comments
Please find the exchange rates listed at the bottom of the article, the rates are for indication purposes only, for a live quote please contact us. On Monday the pound fell by 0.5% to two and a half week lows against the dollar as poor economic figures increased the chances of the Bank of England […]
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