05/10/2023 – Exchange Rates
Sterling rebounded yesterday to give the currency some much needed relief after continued pressure against both EUR & USD most notably over the past 8 weeks. Septembers PMI Survey for […]
04/10/2023 – Market Update
The pound rose against the dollar for the first time in almost a week, in line with a retreat in the U.S. currency, and after a survey showed UK business […]
03/10/2023 – Exchange Rates
The British pound suffered its worst month against the U.S. dollar for a year in September, and strategists show little optimism for the rest of the year, as growth expectations […]
02/10/2023 – Exchange Rates
The month ended with GBPEUR at 1.1530 and GBPUSD at 1.22- over all the month of September was not very supportive for the Sterling and we saw a lot of […]
28/09/2023 – Exchange Rates
GBP/USD continued its struggle around the 1.21 area after yesterday’s strong performance from The Dollar. This was mainly due to 10 year Bond’s in The US touching 4.5% for the […]
27/09/2023
The main talking point across the currency market is that of the Dollar gaining significant strength against both Sterling and Euro. 10yr Treasury bond yields in the US rose by […]
25/09/2023 – Exchange Rates
Sterling weakness has been the main theme of September so far, and last week we saw these moves accelerated after the Bank of England decided to keep interest rates on […]
21/09/2023 – Exchange Rates
The dollar hit a 6-1/2 month high after the U.S. Federal Reserve signalled policy would remain restrictive for longer, even after holding rates steady, while the Swiss franc dropped after […]
20/09/2023 – Exchange Rates
UK Core Inflation YoY (Aug) was expected to drop by 0.1% to 6.8% but released cooler than expected at 6.2%. This eases some of the pressure for the BOE on […]
19/09/2023 – Exchange Rates
The euro got a lift this morning from a report that indicated the European Central Bank may soon start discussing how to drain some of the excess liquidity in the […]