10/03/2023 – Exchange Rate
- Posted by currencies in Rate Alerts
- March 10, 2023
- No Comments
UK GDP grew by 0.3% month by month in January compared to December’s drop of 0.5%. It’s the service sector that carried this gain, while manufacturing dropped off for January. Yesterday’s release of continuing and initial jobless claims from the US showed an increase of people applying for unemployment benefits. This is release on […]
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Market Update
- Posted by currencies in Bank of England, Currency, Dollar, Economy, EUR, Fed, GBP, Inflation, Rate Cuts, Sterling, UK, Uncategorised
- March 10, 2023
- No Comments
UK GDP grew by 0.3% month by month in January compared to December’s drop of 0.5%. It’s the service sector that carried this gain, while manufacturing dropped off for January. Yesterday’s release of continuing and initial jobless claims from the US showed an increase of people applying for unemployment benefits. This is release on […]
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Market Update
- Posted by currencies in Dollar, Economy, election, EUR, Fed, GBP, Inflation, Sterling, UK, Uncategorised
- March 9, 2023
- No Comments
The US Dollar has remained elevated this morning but further growth in the safe haven currency, following comments from Federal Reserve chairman Jerome Powell which pointed towards further interest rate hikes to tackle soaring inflation. This commentary reiterated previous comments that the Central Bank would likely need to raise rates more than expected, and possibly […]
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09/03/2023 – Exchange Rates
- Posted by currencies in Rate Alerts
- March 9, 2023
- No Comments
The US Dollar has remained elevated this morning but further growth in the safe haven currency, following comments from Federal Reserve chairman Jerome Powell which pointed towards further interest rate hikes to tackle soaring inflation. This commentary reiterated previous comments that the Central Bank would likely need to raise rates more than expected, and possibly […]
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Market Update
- Posted by currencies in Bank of England, Dollar, Economy, election, EUR, Fed, Inflation, Prime Minister, Rate Cuts, Retail Sales, Sterling, UK, Uncategorised
- March 7, 2023
- No Comments
Expectations are the pound will struggle to gain any momentum against the Euro over the coming days. Currency analysts believe the decline for the GBP/EUR is due to issues facing the economy and the Bank of England’s stance on monetary policy, both of which are unlikely to reverse anytime soon. A subdued economic outlook and […]
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07/03/2023 – Exchange Rates
- Posted by currencies in Rate Alerts
- March 7, 2023
- No Comments
Expectations are the pound will struggle to gain any momentum against the Euro over the coming days. Currency analysts believe the decline for the GBP/EUR is due to issues facing the economy and the Bank of England’s stance on monetary policy, both of which are unlikely to reverse anytime soon. A subdued economic outlook and […]
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03/03/2023 – Exchange Rates
- Posted by currencies in Rate Alerts
- March 3, 2023
- No Comments
A week filled with inflation data from nations in Europe, was summarised yesterday when we saw core inflation, excluding food and energy, data from EU. It rose to 5.6% in comparison to market expectations of 5.3%. This is evidence that an increase in energy prices has affected other areas and contributing to increased price levels […]
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Market Update
- Posted by currencies in Bank of England, Currency, Dollar, Economy, election, EUR, Fed, Inflation, Rate Cuts, Sterling, UK, Uncategorised
- March 3, 2023
- No Comments
A week filled with inflation data from nations in Europe, was summarised yesterday when we saw core inflation, excluding food and energy, data from EU. It rose to 5.6% in comparison to market expectations of 5.3%. This is evidence that an increase in energy prices has affected other areas and contributing to increased price levels […]
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01/03/2023 – Exchange Rates
- Posted by currencies in Rate Alerts
- March 1, 2023
- No Comments
This week saw Pound gain strength against the Euro (0.2%) as well as the Dollar (0.76%), following the Prime Minister’s announcement of a deal with the EU to amend the original Northern Ireland Protocol. This should help resolve some of the tension caused by 2020 post-Brexit arrangements relating to Northern Irelands open border with the […]
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Market Update
- Posted by currencies in Bank of England, Brexit, Currency, Dollar, Economy, election, EUR, Fed, Inflation, Rate Cuts, Sterling, UK, Uncategorised
- March 1, 2023
- No Comments
This week saw Pound gain strength against the Euro (0.2%) as well as the Dollar (0.76%), following the Prime Minister’s announcement of a deal with the EU to amend the original Northern Ireland Protocol. This should help resolve some of the tension caused by 2020 post-Brexit arrangements relating to Northern Irelands open border with the […]
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