20/12/2023 – Exchange Rates
- Posted by currencies in Rate Alerts
- December 20, 2023
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Sterling had a tough start to Wednesday’s session and lost ground against both the EUR and USD. After readings were released for core inflation and inflation rate in November. Expectations were that it would come down slightly from its figures in October, 5.7% (core inflation) and 4.6% (inflation rate). In reality we saw figures coming […]
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- Posted by currencies in Bank of England, coronavirus, Currency, Dollar, Economy, EUR, Fed, GBP, Inflation, Rate Cuts, Sterling, UK, Uncategorised
- December 20, 2023
- No Comments
Sterling had a tough start to Wednesday’s session and lost ground against both the EUR and USD. After readings were released for core inflation and inflation rate in November. Expectations were that it would come down slightly from its figures in October, 5.7% (core inflation) and 4.6% (inflation rate). In reality we saw figures coming […]
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- Posted by currencies in Rate Alerts
- December 19, 2023
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GBP has softened over the past 24 hours against major currency peers, seeing GBP/USD drop below 1.27 and GBP/EUR fight to stay at the 1.16 level. UK inflation is due out tomorrow morning, with expectations suggesting a minor drop in figures from 4.6% to 4.4% for November. It’s thought a softer inflation reading could lead […]
READ MOREMarket Update
- Posted by currencies in Bank of England, Currency, Dollar, EUR, GBP, Inflation, Rate Cuts, Sterling, UK, Uncategorised
- December 19, 2023
- No Comments
GBP has softened over the past 24 hours against major currency peers, seeing GBP/USD drop below 1.27 and GBP/EUR fight to stay at the 1.16 level. UK inflation is due out tomorrow morning, with expectations suggesting a minor drop in figures from 4.6% to 4.4% for November. It’s thought a softer inflation reading could lead […]
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- Posted by currencies in Rate Alerts
- December 18, 2023
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Last week Bank Of England and European Central Bank held their interest rate meetings. Even if the outcome was the same, leaving it unchanged. We could see different approaches going forward. BoE members were undecided on rates, and 3 out of 9 members did want the base rate to increase up to 5.5%. Hawkish outlook, […]
READ MOREMarket Update
- Posted by currencies in Bank of England, Currency, Dollar, EUR, Fed, GBP, Inflation, Rate Cuts, Sterling, UK, Uncategorised
- December 18, 2023
- No Comments
Last week Bank Of England and European Central Bank held their interest rate meetings. Even if the outcome was the same, leaving it unchanged. We could see different approaches going forward. BoE members were undecided on rates, and 3 out of 9 members did want the base rate to increase up to 5.5%. Hawkish outlook, […]
READ MORE15/12/2023 – Exchange Rates
- Posted by currencies in Rate Alerts
- December 15, 2023
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Yesterday morning markets reacted to the Federal Reserve’s more aggressive than anticipated tone on cutting rates in 2024. The USD lost ground to the majority of other currency pairs. There was more to come throughout the day with both Bank of England and the European Central Bank giving their outlook on the future. First out was […]
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- Posted by currencies in Bank of England, Currency, Dollar, Economy, EUR, Fed, GBP, Inflation, Rate Cuts, Rate Hikes, UK, Uncategorised
- December 15, 2023
- No Comments
Yesterday morning markets reacted to the Federal Reserve’s more aggressive than anticipated tone on cutting rates in 2024. The USD lost ground to the majority of other currency pairs. There was more to come throughout the day with both Bank of England and the European Central Bank giving their outlook on the future. First out was […]
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- Posted by currencies in Rate Alerts
- December 14, 2023
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The US Dollar is now at a 4-month low against its major peers after The Federal Reserve finally signalled the path towards Interest Rate cuts next year. Federal Reserve Chair Jerome Powell failed to push back against rate cut expectations, saying the discussion if cuts in borrowing costs is coming into view. Markets are now […]
READ MOREMarket Update
- Posted by currencies in Bank of England, Currency, Dollar, Economy, EUR, Fed, GBP, Inflation, Rate Cuts, Rate Hikes, Sterling, UK, Uncategorised
- December 14, 2023
- No Comments
The US Dollar is now at a 4-month low against its major peers after The Federal Reserve finally signalled the path towards Interest Rate cuts next year. Federal Reserve Chair Jerome Powell failed to push back against rate cut expectations, saying the discussion if cuts in borrowing costs is coming into view. Markets are now […]
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