12/02/2024 – Exchange Rates
- Posted by currencies in Rate Alerts
- February 12, 2024
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Pound Sterling has continued to be supported through last week and now faces a heavy week of economic data, which will no doubt play on the minds of The Bank of England regarding future Interest Rate moves. Up first, we have UK Employment Data, particularly the unemployment rate which forecasts currently suggest will have risen […]
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- Posted by currencies in Bank of England, Currency, Dollar, Economy, EUR, Fed, GBP, Inflation, Rate Cuts, Sterling, UK, Uncategorised
- February 12, 2024
- No Comments
Pound Sterling has continued to be supported through last week and now faces a heavy week of economic data, which will no doubt play on the minds of The Bank of England regarding future Interest Rate moves. Up first, we have UK Employment Data, particularly the unemployment rate which forecasts currently suggest will have risen […]
READ MORE06/02/2024 – Exchange Rates
- Posted by currencies in Rate Alerts
- February 6, 2024
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RBA (Reserve Bank of Australia) went down the same path as other central banks last week and kept rates on hold for now. No surprises here, as the majority of central banks still waiting to see when the Federal Reserve will make their next move and follow suit. On top of that Australia main export […]
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- Posted by currencies in Bank of England, Currency, Dollar, Economy, election, EUR, Fed, Inflation, Prime Minister, Rate Cuts, Sterling, UK, Uncategorised
- February 6, 2024
- No Comments
RBA (Reserve Bank of Australia) went down the same path as other central banks last week and kept rates on hold for now. No surprises here, as the majority of central banks still waiting to see when the Federal Reserve will make their next move and follow suit. On top of that Australia main export […]
READ MORE05/02/2024 – Exchange Rates
- Posted by currencies in Rate Alerts
- February 5, 2024
- No Comments
Last week was generally quite stable for Sterling following the Bank of England decision where rates were held with no real immediate concern for any cuts coming soon- the big news though was the NFP report on Friday which showed that the U.S had added 353k jobs in January, which was almost double expectation. This […]
READ MOREMarket Update
- Posted by currencies in Bank of England, Currency, Dollar, Economy, EUR, Fed, GBP, Inflation, Rate Cuts, Sterling, UK, Uncategorised
- February 5, 2024
- No Comments
Last week was generally quite stable for Sterling following the Bank of England decision where rates were held with no real immediate concern for any cuts coming soon- the big news though was the NFP report on Friday which showed that the U.S had added 353k jobs in January, which was almost double expectation. This […]
READ MORE29/01/2024 – Exchange Rates
- Posted by currencies in Rate Alerts
- January 29, 2024
- No Comments
Its a busy week ahead in terms of data and central bank meetings. US and the Federal Reserve hold their meeting on Wednesday. The latest announcements is that members have stopped saying that they need to keep rates higher for longer. Wednesday could be an indication of a more clear view of when a first […]
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- Posted by currencies in Bank of England, Currency, Dollar, Economy, EUR, Fed, GBP, Rate Cuts, Sterling, UK, Uncategorised
- January 29, 2024
- No Comments
Its a busy week ahead in terms of data and central bank meetings. US and the Federal Reserve hold their meeting on Wednesday. The latest announcements is that members have stopped saying that they need to keep rates higher for longer. Wednesday could be an indication of a more clear view of when a first […]
READ MORE26/01/2024 – Exchange Rates
- Posted by currencies in Rate Alerts
- January 26, 2024
- No Comments
For its fifth consecutive week sterling gains against the EUR – reaching a high of 1.1730. This is the highest level GBP/EUR has reached since back in September 2023. The latest development to this movement is from yesterday’s European Central Bank meeting. There was no surprises on the decision to leave interest levels untouched at […]
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- Posted by currencies in GBP, Sterling, UK, Uncategorised
- January 26, 2024
- No Comments
For its fifth consecutive week sterling gains against the EUR – reaching a high of 1.1730. This is the highest level GBP/EUR has reached since back in September 2023. The latest development to this movement is from yesterday’s European Central Bank meeting. There was no surprises on the decision to leave interest levels untouched at […]
READ MORE