08/06/2023 – Exchange Rates
- Posted by currencies in Rate Alerts
- June 8, 2023
- No Comments
The US Dollar has remained near it’s recent two-month high with next week’s Federal Reserve interest rate decision looming. The Central Bank is widely expected to pause its year-long interest rate hiking cycle, but expectations are increasing on the possibility that this pause will be temporary, with a potential rate hike in July still on […]
READ MORE
Market Update
- Posted by currencies in Bank of England, Budget, Currency, Dollar, Economy, EUR, Fed, GBP, Inflation, Rate Cuts, Rate Hikes, Sterling, UK, Uncategorised
- June 8, 2023
- No Comments
The US Dollar has remained near it’s recent two-month high with next week’s Federal Reserve interest rate decision looming. The Central Bank is widely expected to pause its year-long interest rate hiking cycle, but expectations are increasing on the possibility that this pause will be temporary, with a potential rate hike in July still on […]
READ MORE
07/06/2023 – Exchange Rates
- Posted by currencies in Rate Alerts
- June 7, 2023
- No Comments
After a great run of outperformance since February, UK economic data has generally underwhelmed since mid-May, according to analysts. Nevertheless, the strong-than-expected data since the start of the year has prompted upgrades to the economic outlook for the current year. Meanwhile, the slower-than-expected moderation in UK inflation in April has raised the odds of a […]
READ MORE
Market Update
- Posted by currencies in Bank of England, Currency, Dollar, Economy, EUR, Fed, Inflation, Prime Minister, Sterling, UK, Uncategorised
- June 7, 2023
- No Comments
After a great run of outperformance since February, UK economic data has generally underwhelmed since mid-May, according to analysts. Nevertheless, the strong-than-expected data since the start of the year has prompted upgrades to the economic outlook for the current year. Meanwhile, the slower-than-expected moderation in UK inflation in April has raised the odds of a […]
READ MORE
05/06/2023 – Exchange Rates
- Posted by currencies in Rate Alerts
- June 5, 2023
- No Comments
The dollar edged up against major peers today, as markets priced in around a 1-in-4 chance of the U.S. Federal Reserve raising benchmark rates this month after robust jobs data on Friday. The dollar index – which tracks the greenback against six peers – came off the boil last week, after some Fed officials voiced […]
READ MORE
Market Update
- Posted by currencies in Bank of England, Currency, Dollar, Economy, EUR, Fed, Inflation, Rate Cuts, Sterling, UK, Uncategorised
- June 5, 2023
- No Comments
The dollar edged up against major peers today, as markets priced in around a 1-in-4 chance of the U.S. Federal Reserve raising benchmark rates this month after robust jobs data on Friday. The dollar index – which tracks the greenback against six peers – came off the boil last week, after some Fed officials voiced […]
READ MORE
02/06/2023 – Exchange Rates
- Posted by currencies in Rate Alerts
- June 2, 2023
- No Comments
The dollar headed for its largest weekly fall since mid-January as the view took hold among investors that the Federal Reserve will forgo an interest rate hike this month, which would diminish the greenback’s appeal to non-U.S. buyers. The U.S. Senate late on Thursday passed bipartisan legislation backed by President Joe Biden that lifts the […]
READ MORE
Market Update
- Posted by currencies in Bank of England, Currency, Dollar, Economy, Fed, Inflation, Rate Cuts, UK, Uncategorised
- June 2, 2023
- No Comments
The dollar headed for its largest weekly fall since mid-January as the view took hold among investors that the Federal Reserve will forgo an interest rate hike this month, which would diminish the greenback’s appeal to non-U.S. buyers. The U.S. Senate late on Thursday passed bipartisan legislation backed by President Joe Biden that lifts the […]
READ MORE
01/06/2023 – Exchange Rates
- Posted by currencies in Rate Alerts
- June 1, 2023
- No Comments
GBP/EUR is still staying healthy above 1.16, the highest it’s been since December 2022. This is mainly due to German states inflation cooling more than expected over the past month. This is welcome news for The European Central Bank, but it also more or less confirms an end to their rate hike cycle. Sticking with […]
READ MORE
Market Data
- Posted by currencies in Bank of England, Currency, Dollar, Economy, EUR, Fed, Inflation, Sterling, UK, Uncategorised
- June 1, 2023
- No Comments
GBP/EUR is still staying healthy above 1.16, the highest it’s been since December 2022. This is mainly due to German states inflation cooling more than expected over the past month. This is welcome news for The European Central Bank, but it also more or less confirms an end to their rate hike cycle. Sticking with […]
READ MORE
