Market Update
The last week was pretty volatile for Sterling exchange rates, with the Pound falling prior and following the BoE decision. The simple update is that 2 members voted for a […]
Market Update
Sterling exchange rates are in a strange position currently, on one hand, they are outperforming against the Euro, and on the other, severely underperforming against the U.S. dollar, which has […]
Market Update
This morning has seen some much needed relief provided for GBP against it’s major currency peers, USD & EUR in particular with GBP climbing around 0.5% against both currencies after […]
Market Update
Last week was pretty busy on the macroeconomic front with Fed minutes, the ECB confirming a rate cut from June and plenty of economic data- however, this was all over […]
Market Update
Stronger than anticipated inflation has buoyed expectations that The Federal Reserve will hold off from any imminent rate cuts and prolong their higher-for-longer mantra. As a result, we have seen […]
Market Update
The US Dollar has steadied this morning, as anticipation builds towards the key inflation release for The U.S this afternoon. It’s expected that inflation will have remained an issue for […]
Market Update
US Dollar strength in the last 24 hours has seen both GBP/USD & EUR/USD lose ground from last week, with both currency pairings losing close to 1%. GBP/USD had dropped […]
Market Update
This morning we’ve seen a basket of Euro data released from France, Spain and The Euro-Zone. Although preliminary Spanish Inflation data for March suggests a slight rise in prices, Consumer […]
Market Update
If we look into the economic calendar for today, there is nothing coming out for the UK. Consumer confidence from Germany was rolled out this morning and is almost unchanged […]
Market Update
UK Retail Sales showed promising signs for The UK economy, with figures coming in better than initially anticipated, albeit flatlining last month against expectations of a decline in sales. Any […]