18/12/2023 – Exchange Rates
Last week Bank Of England and European Central Bank held their interest rate meetings. Even if the outcome was the same, leaving it unchanged. We could see different approaches going […]
15/12/2023 – Exchange Rates
Yesterday morning markets reacted to the Federal Reserve’s more aggressive than anticipated tone on cutting rates in 2024. The USD lost ground to the majority of other currency pairs. There […]
14/12/2023 – Exchange Rates
The US Dollar is now at a 4-month low against its major peers after The Federal Reserve finally signalled the path towards Interest Rate cuts next year. Federal Reserve Chair […]
13/12/2023 – Exchange Rates
In a surprising turn of events, the UK economy shrank by 0.3% in October, causing the value of the British pound to decrease. Economists had predicted a steady or slight […]
05/12/2023 – Exchange Rates
Sterling hovered around its highest levels in almost three months against the euro today, as markets raised their bets on rate cuts by the European Central Bank, which widened their […]
04/12/2023 – Exchange Rates
The last few weeks have been very supportive for Sterling- mainly due to the weakness in the Dollar and the risk on sentiment in the market currently- The FTSE has […]
27/11/2023 – Exchange Rates
Last week’s data releases provided strength for the Pound after a pretty downbeat month or so on the market- showing that UK PMI numbers were back over the 50 area, […]
20/11/2023 – Exchange Rates
Last week was generally pretty supportive for Sterling exchange rates from a data perspective- however on Friday this all changed very quickly as retail sales numbers came out as low […]
16/11/2023 – Exchange Rates
Yesterday morning saw UK Inflation drop comfortably below 5% for the first time in 2 years. The lower energy price cap imposed on households at the start of October was […]
14/11/2023 – Exchange Rates
British data earlier in the day showed UK workers’ wages grew slightly less quickly in the three months to September but remained close to their record pace. The figures will […]