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03/06/2024 – Exchange Rates

  • Posted by currencies in Rate Alerts
  • June 3, 2024
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Pound Sterling exchange rates have had a very good month in May, considering news of a UK election coming in July, the volatility has very much been swayed in favour of Sterling, which has given us a positive start to June. June will be an interesting month with plenty of data releases to keep us […]

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31/05/2024 – Exchange Rates

  • Posted by currencies in Rate Alerts
  • May 31, 2024
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Eurozone Consumer Confidence edged slightly higher for May’s reading yesterday, from -14.7 to -14.3. It was in line with expectations but more importantly reflected the smallest extent of pessimism by consumers since the start of Russia’s invasion in February 2022. This has been partly driven by inflation finally slowing, as well as growing expectations of […]

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Market Update

Eurozone Consumer Confidence edged slightly higher for May’s reading yesterday, from -14.7 to -14.3. It was in line with expectations but more importantly reflected the smallest extent of pessimism by consumers since the start of Russia’s invasion in February 2022. This has been partly driven by inflation finally slowing, as well as growing expectations of […]

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30/05/2024 – Exchange Rates

  • Posted by currencies in Rate Alerts
  • May 30, 2024
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Sterling has recently held on steady against the EUR and as no economic data releases today that should have an impact on the GBP/EUR rate, eyes are now on tomorrow’s core inflation and inflation levels being released in Europe. Recent trajectories suggest that inflation levels will increase for May. From an economic standpoint this scenario […]

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Market Update

Sterling has recently held on steady against the EUR and as no economic data releases today that should have an impact on the GBP/EUR rate, eyes are now on tomorrow’s core inflation and inflation levels being released in Europe. Recent trajectories suggest that inflation levels will increase for May. From an economic standpoint this scenario […]

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29/05/2024 – Exchange Rates

  • Posted by currencies in Rate Alerts
  • May 29, 2024
  • No Comments

U.S Consumer Confidence figures yesterday showed an unexpected improvement in May after what had been a worryingly painful three months prior, with optimism surrounding the labour market falling, as well as worries around inflation growing. The unexpected confidence saw the USD gain slightly against Sterling yesterday, as the survey also showed that consumers were very […]

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Market Update

U.S Consumer Confidence figures yesterday showed an unexpected improvement in May after what had been a worryingly painful three months prior, with optimism surrounding the labour market falling, as well as worries around inflation growing. The unexpected confidence saw the USD gain slightly against Sterling yesterday, as the survey also showed that consumers were very […]

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28/05/2024 – Exchange Rates

  • Posted by currencies in Rate Alerts
  • May 28, 2024
  • No Comments

Last week was quite eventful for Stering exchange rates with a higher than expected inflation print causing GBPEUR to spike to 1.1770 and GBPUSD to 1.2770- the data overall was seen as positive as it was low enough for the Government to take a victory lap, but now low enough to jolt the BoE into […]

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