Exchange Rates – 21/01/2022
The pound weakened broadly this morning, pulling back from a 23-month high versus the euro touched in the previous session as weakness in Wall Street prompted investors to take profits […]
10/01/2021 – Exchange Rates
The Pound has faced its third week, in succession, of gains against the US Dollar following the Bank of Englands decision to hike interest rates, a long awaited agreement with […]
20/12/2021 – Exchange Rates
The British pound slipped to a three-day low on Monday, dropping below $1.32 versus the dollar as a broad risk-off mood swept through financial markets. Growing doubts about U.S. President […]
18/11/2021 – Exchange Rates
The Pound has continued its recovery this week after positive employment data removed fears of the potential impact from the furlough scheme ending in October. The potential fall-out from furlough […]
17/11/2021 – Exchange Rates
The dollar was much stronger this morning, benefiting from the release of strong retail sales, while sterling climbed after a hot inflation release pointed to a December Bank of England […]
15/11/2021 – Exchange Rates
The GBP was under great pressure last week leading on from the Bank of England’s decision to keep interest rates on hold the previous week. The prior weeks before the […]
11/11/2021 – Exchange Rates
The Dollar has continued it’s resurgence against both Sterling & Euro as inflation climbs to a 30 year high hitting 6.2%. Pressure is mounting on The Fed Reserve to raise […]
10/11/2021 – Exchange Rates
Sterling edged lower this morning as Britain and the European Union looked far from finding a post-Brexit agreement trade on Northern Ireland, while Bank of England interest rate raise bets […]
04/11/2021 – Exchange Rates
Wednesday saw the eagerly awaited Fed Reserve meeting centred around Tapering, when would it start and by how much? All the speculation over the last week had pointed towards a […]
01/11/2021 – Exchange Rates
November has opened trading with the GBP having retraced gains from an incredibly strong month. Investors and traders priced in an interest rate hike from the Bank of England this […]