BoC Pauses Cuts, US Data Misses, and ECB Eyes First Rate Reduction
The Bank of Canada look likely to becoming towards the end of their rate cutting cycle after they opted to keep current interest rates on hold, keeping in tune with […]
Dollar Gains Amid Reduced Trade Volatility and Cautious Fed Outlook
The Dollar has recovered further against both Sterling and Euro after a Federal Court ruled against Trump’s liberation day tariffs. The recovery was aided by bets on fewer trade related […]
Dollar Strengthens as U.S. Confidence Surges and Tariff Talks Ease Global Tensions
The Dollar regained some ground yesterday against both Sterling & Euro on 2 fronts. Firstly, Trump’s effective U-turn on the 50% tariffs for Europe set to begin on June 1st but […]
Sterling Surges on Strong Retail Sales and Economic Data
A positive end to the week for GBP as April Retail Sales grew by over 1%, by far surpassing the initial expectations of 0.2% growth. This April was the sunniest […]
UK Inflation Sparks Mixed Market Response as Sterling Wavers
Since the UK’s inflation release yesterday, The Pound has had mixed reactions against both EUR & USD. Usually stronger than expected inflation would see the currency strengthen as it incentivises […]
Surprise Inflation Spike Shakes UK Rate Cut Hopes as Sterling Hits 3-Year High
Inflation has surprisingly climbed higher than initial forecasts, with an increase in household bills being the main contribution to inflation rising to 3.5%. It’s also notably the highest level of […]
Mixed US Data and BoJ Forecast Cuts Shape Market Sentiment
Yesterday we saw The US Dollar regain some strength against a number of currency pairs as PCE price index, which is the Federal Reserves preferred inflation measure came out stronger […]
Tariff Whiplash and Weak Growth Expectations Weigh on the Dollar
The US Dollar has inched slightly higher this morning, bringing some relief to the currency with The Dollar having experienced its weakest month in over two years, due to the […]
Markets React to 90-Day Tariff Pause and Rising US-China Tensions
UK markets have opened up higher this morning after US President Donald Trump made another move in this ever-developing trade war, stating he would bring into play a 90-day tariff […]
US Dollar Slips as Tariff Tensions and Recession Fears Mount
Another day and further losses for The US Dollar after President Donald Trump went ahead with his tariff hikes against China, therefore raising fears of a prolonged trade war ahead […]