05/01/2023 – Exchange Rates
- Posted by currencies in Rate Alerts
- January 5, 2023
- No Comments
The USD edged slightly higher against GBP overnight as The Fed Reserve’s meeting minutes seemed to point towards a continuation of their hawkish stance. The minutes indicated that the central bank should eventually slow the pace of aggressive rate hikes, however The Federal Reserve are still intent on having high interest rates until further evidence […]
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Market Update
- Posted by currencies in Bank of England, Brexit, coronavirus, Dollar, Economy, EUR, Fed, GBP, Inflation, Sterling, UK, Uncategorised
- January 5, 2023
- No Comments
The USD edged slightly higher against GBP overnight as The Fed Reserve’s meeting minutes seemed to point towards a continuation of their hawkish stance. The minutes indicated that the central bank should eventually slow the pace of aggressive rate hikes, however The Federal Reserve are still intent on having high interest rates until further evidence […]
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Market Update
- Posted by currencies in coronavirus, Currency, Dollar, Economy, EUR, Fed, GBP, Inflation, Rate Cuts, Sterling, UK, Uncategorised
- January 4, 2023
- No Comments
The dollar fell this morning, losing out to commodities currencies like the Australian dollar and against the euro, which got a lift from a raft of data that suggested European inflation may finally have peaked. The dollar was already under pressure from investors who have grown more optimistic over the prospect that China’s relaxation of […]
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04/01/2023 – Exchange Rates
- Posted by currencies in Rate Alerts, Uncategorised
- January 4, 2023
- No Comments
The dollar fell this morning, losing out to commodities currencies like the Australian dollar and against the euro, which got a lift from a raft of data that suggested European inflation may finally have peaked. The dollar was already under pressure from investors who have grown more optimistic over the prospect that China’s relaxation of […]
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15/12/2022 – Exchange Rates
- Posted by currencies in Rate Alerts
- December 15, 2022
- No Comments
UK inflation for November surprisingly dropped lower than expected, coming in at 10.7% from a 40 year high of over 11%, mainly due to a fall in fuel prices which were up 17.2% year on year in November which was a drop from the 22.2% increase we saw year on year in October. Inflation however […]
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Market Update
- Posted by currencies in Brexit, coronavirus, Dollar, Economy, EUR, Fed, GBP, Inflation, Prime Minister, Sterling, UK, Uncategorised
- December 15, 2022
- No Comments
UK inflation for November surprisingly dropped lower than expected, coming in at 10.7% from a 40 year high of over 11%, mainly due to a fall in fuel prices which were up 17.2% year on year in November which was a drop from the 22.2% increase we saw year on year in October. Inflation however […]
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02/12/2022 – Exchange Rates
- Posted by currencies in Rate Alerts
- December 2, 2022
- No Comments
The pound climbed to its highest level against the dollar since June as the US greenback weakened on expectations of an interest rate hike slowdown. The British currency touched $1.23, having bounced back from its record low of around $1.03 two months ago after the chaos of Kwasi Kwarteng’s mini-budget. The move higher will help […]
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Market Update
- Posted by currencies in Bank of England, Currency, Dollar, Economy, EUR, Fed, GBP, Inflation, Prime Minister, Sterling, UK, Uncategorised
- December 2, 2022
- No Comments
The pound climbed to its highest level against the dollar since June as the US greenback weakened on expectations of an interest rate hike slowdown. The British currency touched $1.23, having bounced back from its record low of around $1.03 two months ago after the chaos of Kwasi Kwarteng’s mini-budget. The move higher will help […]
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Market Update
- Posted by currencies in Rate Alerts
- December 1, 2022
- No Comments
USD continues to fall against it’s major currency pairs after Federal Reserve Chairman Jerome Powell stated a slowdown of rate increases may come as soon as their next meeting on December 14th. Up until now, The U.S central bank has raised interest rates by 75 basis points at each of it’s last 4 meetings, but […]
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01/12/2022 – Exchange Rates
- Posted by currencies in Bank of England, Budget, Dollar, Economy, EUR, Fed, UK, Uncategorised
- December 1, 2022
- No Comments
USD continues to fall against it’s major currency pairs after Federal Reserve Chairman Jerome Powell stated a slowdown of rate increases may come as soon as their next meeting on December 14th. Up until now, The U.S central bank has raised interest rates by 75 basis points at each of it’s last 4 meetings, but […]
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