17/08/2023 – Exchange Rates
Pound Sterling is still climbing against The EUR after yesterday’s positive inflation release. Inflation dropped from 7.9% down to 6.8% in the year to July, with the main contributors being […]
14/08/2023 – Exchange Rates
After positive UK GDP data, the Pound traded a little higher on Friday after a relatively disappointing performance over the week- the data showed that the UK economy has in […]
10/08/2023 – Exchange Rates
The US Dollar has edged lower this morning ahead of what is a key inflation release for The US. With headline CPI forecast to pick up slightly in July to […]
07/08/2023 – Exchange Rates
Last week the main event was the BoE interest rate hike, where the Central Bank raised interest rates by 25bps- but kept the stance of more hikes COULD happen if […]
03/08/2023 – Exchange Rates
GBP/USD is battling to stay above 1.27 after losing ground against USD due to strong payroll Data which exceeded growth expectations in July, which has now raised expectations for the […]
02/08/2023 – Exchange Rates
The Bank of England is likely to raise interest rates by 0.25% to 5.25% when the monetary policy committee meets on Thursday. If the MPC goes ahead with the rate rise, […]
27/07/2023 – Exchange Rates
The dollar extended losses today, a day after the Federal Reserve delivered what some expect to be its last rate hike, while the market’s focus shifted across the Atlantic to […]
18/07/2023 – Exchange Rates
Cable might drop through 1.3000 if UK June CPI comes in softer than the 8.2% YY consensus forecast on Wednesday or ascend beyond 1.3150 if it is higher than expected […]
17/07/2023 – Exchange Rates
The British Pound will on Wednesday encounter another key economic release in the form of CPI inflation for June which will determine whether the Bank of England will deliver a […]
13/07/2023 – Exchange Rates
The pound rose for the sixth session running to a new 15-month high after data showed the British economy shrank by less than expected in May. Figures showed the economy […]