Market Update
The US Dollar has remained near it’s recent two-month high with next week’s Federal Reserve interest rate decision looming. The Central Bank is widely expected to pause its year-long interest […]
Market Update
The Pound stagnated, following the news that food inflation had hit a 15 year high. Kantar released data on Tuesday morning which showed that UK food inflation climbed to 17.5% […]
Market Update
The main highlight of the past few days has been the failure of the tech startup-focused SVB and the crypto focussed Signature Bank – Sweden’s largest pension fund (also known […]
Market Update
To recap on Friday, we had four FED speeches, simply just talking about economic outlook of what’s yet to come they basically mentioned they are going to be more hawkish […]
01/12/2022 – Exchange Rates
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 […]
Market Update
Sterling slipped to a new two-week trough after Bank of England Governor Andrew Bailey reiterated that the central bank would end its emergency bond-buying program on Friday and told pension […]
Market Update
The pound weakened for the fifth day in a row amid fresh signs of trouble in the UK government bond market that forced yet another intervention by the Bank of […]
Market Update
Fitch has downgraded the UK’s government debt rating to “negative” from “stable” following the mini-budget. The ratings agency warned that the “large and unfunded fiscal package” could lead to a […]
Market Update
The pound slipped against the dollar as traders weigh up the UK government’s U-turns and awaits a speech from prime minister Liz Truss. Sterling had initially jumped against the US […]
Market Update
Global stocks rallied for a second day, after Britain’s decision to ditch part of a controversial tax-cut plan and slightly paler expectations for aggressive central bank action returned some confidence […]