02/05/2023 – Exchange Rates
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
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 […]
21/04/2023 – Exchange Rates
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% […]
19/04/2023 – Exchange Rates
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% […]
18/04/2023 – Exchange Rates
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 […]
17/04/2023 – Exchange Rates
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, […]
14/04/2023 – Exchange Rates
The DXY (dollar Index) dropped to a one year low this morning. Results after yet another inflation data, PPI (Producer Price Inflation) decrease of 0.5%. Only a few days ago, […]
12/04/2023 – Exchange Rates
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: […]
11/04/2023 – Exchange Rates
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 […]
06/04/2023 – Exchange Rates
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 […]