18/05/2023 – Exchange Rates
The US Dollar has strengthened further overnight after a continued standoff in negotiations surrounding the debt ceiling in The States. The current debt limit is $31.4 Trillion and concerns have […]
17/05/2023 – Exchange Rates
The pound slipped against a strengthening dollar on Wednesday and maintained its losses after Bank of England Governor Andrew Bailey reiterated, he expected price pressures to ease, as soon as […]
16/05/2023 – Exchange Rates
The pound dropped a little this morning after a rise in Britain’s jobless numbers suggested fewer Bank of England rate increases could be needed in the coming months to bring […]
15/05/2023 – Exchange Rates
The BoE delivered as expected a 25 bps hike last week with a relatively positive outlook, with a recession no longer on the cards in the UK and inflation expected […]
12/05/2023 – Exchange Rates
As we expected yesterday, we saw BoE hike rates by a further 25 basis point. After the decision we heard from governor Andrew Bailey, who touched on three points; BoE no longer […]
11/05/2023 – Exchange Rates
GBP continued its hot streak against both The EUR & The USD yesterday as both currency pairs hit one year highs, with GBP/EUR closing yesterday’s session just above 1.15, whilst […]
10/05/2023 – Exchange Rates
Sterling could rise as the Bank of England is likely to raise interest rates by 25 basis points to 4.5% as expected on Thursday and potentially signal further rate increases. […]
09/05/2023 – Exchange Rates
Last week was pretty eventful with both the ECB and the Fed confirming 25 bps rises as expected, the key takeaways is that the Fed will probably pause for now […]
04/05/2023 – Exchange Rates
The USD lost further ground against major currency pairs overnight after The Federal Reserve raised their Interest Rates by a further 25 basis points, but crucially stated that they no […]
03/05/2023 – Exchange Rates
The pound gained versus the dollar and held steady against the euro this morning ahead of an expected U.S. Federal Reserve rate hike later in the day and Thursday’s European […]