Market Update
With just a 4 day week ahead of us in the UK before the King’s Coronation, we have a relatively volatile week on the cards with Central Banks as the […]
Market Update
This morning we see the retail sales figures released for the UK. Expectations were that it would continue to drop off, especially after seeing inflation levels stay above the 10% […]
Market Update
Sterling rises after U.K. inflation data this morning exceeded analysts’ forecasts, fuelling expectations the Bank of England will raise interest rates further. U.K. inflation fell to an annual rate of 10.1% […]
Market Update
Sterling extended gains above $1.24, moving closer towards an over 10-month high of $1.2546 touched on April 14, after data showed the UK labor market remained tight in the three […]
Market Update
After a disappointing retail sales release from the U.S on Friday, we saw the markets very quickly jump into positions on the Dollar- GBPUSD fell from 1.25 down to 1.24, […]
Market Update
Tuesday was a busy day for global economic releases, below are some of the highlights and impact it had on the markets. UK- BRC Retail Sales Monitor YOY (MARCH)- Forecast: […]
Market Update
Markets have been quiet due to the extended Easter Bank Holiday weekend- but on Friday we did have U.S NFP’s release- and though the number was better than expected, the […]
Market Update
USD has edged higher this morning with risk sentiment amongst traders softening, however the safe-haven currency still remains near 2 month lows as it looks increasingly likely that The Federal […]
Market Update
Overall, the month of March was quite supportive for Sterling with GBPEUR closing the month at 1.1370 and GBPUSD closing at 1.2320. With positive GDP for the UK and a […]
Market Update
The pound has been steady today and looks to be heading for its biggest monthly gain versus the dollar since November, as an apparent abatement in concern among investors over […]