Market Update
Standstill. That’s one way to explain the currency market over the past day. UK PMI data came out positive except that of manufacturing PMI. Today retail sales came in at […]
Market Update
UK CPI surged to 6.2% for Feb YoY reaching a 30 year high for the pound. As expected, CPI data reaffirmed the consensus of an overheating economy led by energy […]
Market Update
Uncertainty. If there’s one word to describe the sentiment of FX and global asset markets right now that is it. As expected, President Lagarde’s speech today had no real effect […]
Market Update
A quick recap of last week. We saw the Fed raise rates to 0.5% and the Bank of England follow suit raising rates to 0.75% both events widely anticipated by […]
Market Update
This week we have seen markets show their full strength as we saw both the Fed and the BoE hike rates by 0.25% in attempts to battle inflation in both […]
Market Update
Anticipation is at its highest amongst Investors as we await an expected rate hike to 0.5% today from the Fed, in a lacklustre attempt to get inflation under control which […]
Market Update
The British pound fell to a 16-month low against the U.S. dollar, ahead of monetary policy updates from the Bank of England and Federal Reserve later in the week. Both […]
Market Update
Sterling slipped to a 16-month low today against the safe-haven U.S. dollar and is heading for its third consecutive weekly decline as stronger-than-expected UK economic growth did little to support […]
Market Update
Sterling has continued to rise this morning against The EUR, reaching 1.2082 which is the highest in 12 months, with investors and traders focusing on market bets shifting towards a […]
Market Update
The focus for exchange rates is currently the ongoing tensions between Russia & Ukraine- over the last few days we saw these tensions escalate after Russia began an invasion of […]