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Category: Rate Alerts

24/06/2024 – Exchange Rates

The major story last week was the Bank of England making it very clear that they are preparing for a rate cut in August, this caused Sterling rates to sell […]

18/06/2024 – Exchange Rates

Core inflation numbers are released for the Euro Zone at 10am, its forecasted to attract a slight gain from 2.7% in April up to 2.9% for May. This should not […]

07/06/2024 – Exchange Rates

The ECB (European Central Bank) lowered their borrowing costs for the first time in five years from an all time high by 25 basis points down to 4.25%. This did […]

06/06/2024 – Exchange Rates

Yesterday The Bank of Canada became the 2nd Central Bank after The Swiss National Bank to implement their first rate cut and this came after six consecutive meetings of leaving […]

03/06/2024 – Exchange Rates

Pound Sterling exchange rates have had a very good month in May, considering news of a UK election coming in July, the volatility has very much been swayed in favour […]

31/05/2024 – Exchange Rates

Eurozone Consumer Confidence edged slightly higher for May’s reading yesterday, from -14.7 to -14.3. It was in line with expectations but more importantly reflected the smallest extent of pessimism by […]

30/05/2024 – Exchange Rates

Sterling has recently held on steady against the EUR and as no economic data releases today that should have an impact on the GBP/EUR rate, eyes are now on tomorrow’s […]

29/05/2024 – Exchange Rates

U.S Consumer Confidence figures yesterday showed an unexpected improvement in May after what had been a worryingly painful three months prior, with optimism surrounding the labour market falling, as well […]

28/05/2024 – Exchange Rates

Last week was quite eventful for Stering exchange rates with a higher than expected inflation print causing GBPEUR to spike to 1.1770 and GBPUSD to 1.2770- the data overall was […]

20/05/2024 – Exchange Rates

Last week was constructive for Sterling exchange rates with GBPEUR ending the week at 1.1685, and GBPUSD ending the week at 1.27. EURUSD was also bullish last week closing on […]

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