Retail Sector Struggles Amid Rising Inflation and Declining Housing Prices
Tuesday started off with retail sales release from BRC (British Retail Consortium). Even if figures did improve for December, the ‘golden quarter’ between October and December did produce dire numbers […]
Season’s Greetings
On behalf of myself and the whole Currencies 4 You team it’s been a fantastic year assisting you with your overseas payments. We are looking forward continuing building an even […]
UK Sees First Earnings Growth Acceleration in Over a Year
Average earnings in for the UK saw a growth of acceleration for the first time in more than a year reaching 5.2%. In the last month average earnings came in […]
European Central Bank cuts interest rates by 25 basis points
European Central Bank cut their interest rates yesterday by 25 basis points – leading up to their meeting there was a split view whether it could potentially be even 50 […]
The Reserve bank of Australia decides to hold rates at bay
The Reserve bank of Australia decided to hold rates at bay, currently at a base level of 4.35%. No surprise as it was convincing percentages that there would be a […]
A rebound in the EUR against both the GBP and USD
Yesterday we did see a bounce back for the EUR against GBP and USD, with the latter seeing movements of up to 0.7% in favour for the EUR. After a […]
France votes against Prime Minister Michel Barnier’s budget
France voted against prime minister Michel Barnier’s budget yesterday – now leaving months of political uncertainty again. It’s not the first time this year we have seen political chaos in […]
Continued downfall in Germany’s Retail Sales
It might seem like a common topic or view for the moment – but we will commence this morning acknowledging Germany. It’s been a dire time for Germany’s economy to […]
Focus is on the US with several Economic Data releases
Tuesday starts off with a speech from ECB (European Central Bank) member Elizabeth Mccaul at 10am. Could we hear something that will indicate a more detail plan for ECB moving […]
European Union faces backlash after a struggling year in economic growth
European Union is facing backlash after a struggling year in economic growth. Both European Central Bank President Christine Lagarde and ECB member and head of Bundesbank Joachim Nagel expressed their […]