Sterling’s Rebound, U.S. Uncertainty, and Key Market Events to Watch This Week
Last week proved to be supportive for Sterling, with an unexpected upside surprise in UK GDP data, showing that the economy grew rather than contracted in the last quarter. This positive momentum, coupled with uncertainty […]
Rising US Inflation Challenges Rate Cut Hopes
US Inflation released yesterday showed an unexpected rise in January with figures climbing to 3% to hit its highest level in six months. This unexpected rise comes one week after […]
Trade War Tensions and Economic Uncertainty Shape Global Outlook
Markets are fairly steady currently, amid Trade War jitters with Donald Trump officially imposing a 25% tariff on all steel and aluminium imports into the US earlier this week. With […]
GBP Struggles Despite Retail Sales Boost – Market Eyes BoE & Fed Speeches
Concerns have been raised in the last few months on how the UK economy is underperforming – which has been noticed on markets with GBP not performing as well as […]
Inflation, GDP, and Central Bank Signals Set the Tone for FX This Week
Last week was a volatile yet relatively predictable one, with markets digesting further tariff announcements from President Trump and the Bank of England’s 25bps interest rate cut. Despite these developments, Sterling ended […]
BoE Rate Cut Impacts GBP, UK Housing Prices Surge, and US Jobs Data in Focus
There were no surprises from Bank of England’s decision of cutting interest rates yesterday by 25 basis points, now holding a base rate of 4.5%. Even if it was expected […]
US Job Growth Boosts Dollar and BoE Rate Cuts Loom Over Sterling
Yesterday we saw ADP Employment Change figures released in The US for January, with 183,000 extra jobs being created from previously. This was an extra 33,000 than forecast and brought […]
Euro Rebounds as Tariff Fears Ease
Trump tariff unpredictability has led to a recovery for the Euro against the US Dollar, regaining 2% to climb above 1.04 since Monday. The currency pair had initially dropped to […]
Trump’s Tariff Shock and What to Watch for GBP, USD, and EUR
Last week was relatively uneventful, with no surprises from the Fed, ECB, or Bank of Canada. But just as markets were settling into a steady rhythm, President Trump shook things up […]
Dollar Uncertainty, Sterling Struggles, and Global Tariff Tensions
Dollar uncertainty and volatility has continued into Wednesday as traders were still left guessing on the Donald Trump’s plans for tariffs and what impact this may have on trading partners. […]