03/04/2023 – Exchange Rates
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 […]
30/03/2023 – Exchange Rates
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 […]
Exchange Rates – 29/03/2023
UK- BOE Gov. Bailey Speech – On Monday, at the London School of Economics the Governor gave clear hints that interest rates may have to go higher in order to […]
Exchange Rates – 28/03/2023
The Pound stagnated, following the news that food inflation had hit a 15 year high. Kantar released data on Tuesday morning which showed that UK food inflation climbed to 17.5% […]
Exchange Rates – 27/03/2023
Last week was pretty jam-packed as far as announcements were concerned with the Fed and the BoE both raising interest rates by 25bps. For both central banks, it is still […]
Market Update
Last week was pretty jam-packed as far as announcements were concerned with the Fed and the BoE both raising interest rates by 25bps. For both central banks, it is still […]
24/03/2023 – Exchange Rates
This morning we had the UK retail sales data released, which rose for the second consecutive month in February by 1.2%m/m, following a 0.9% rise in January (revised from 0.5%). […]
23/03/2023 – Exchange Rates
The Bank of England (BoE) has raised the UK interest rates by 0.25 basis points to 4.25% to combat double-digit inflation. This is the 11th time in a row, in […]
22/03/2023 – Exchange Rates
UK Core Inflation and Inflation Rate YoY (FEB) was forecast to drop by 0.1% (5.7%) and 0.2% (9.9%) respectively, but came in much higher at 6.2% and 10.4%, respectively. MoM […]
20/03/2023 – Exchange Rates
The markets have been all over the place since the closure of SVB last week, which was joined by 5 other small banks as the week went on. The latest […]