Market Update
After an important week of data and Central Bank decisions- Sterling exchange rates have managed to stabilise higher than where they started last week, both up around 1% respectively. The […]
Market Update
The Federal Reserve opted to keep Interest Rates at current levels last night, which is a 22-year high as expected. The Central Bank’s Chair Jerome Powell struck a less hawkish […]
Market Update
The Pound has struggled to maintain any form of strength against the Euro and Dollar over the last month, with GBPEUR currently trading at 1.1450 and GBPUSD trading at 1.2130. […]
Market Update
No surprises yesterday when ECB (European Central Bank) decided to hold rates at 4.5%. President Christine Lagarde mentioned that there could be further actions in the future but that current […]
Market Update
Australia’s inflation yesterday has shown signs of a continued struggle to drop quick enough, with inflation mainly boosted by higher petrol prices, adding further fuel to the Interest Rate question […]
Market Update
Sterling rebounded yesterday to give the currency some much needed relief after continued pressure against both EUR & USD most notably over the past 8 weeks. Septembers PMI Survey for […]
Market Update
The month ended with GBPEUR at 1.1530 and GBPUSD at 1.22- over all the month of September was not very supportive for the Sterling and we saw a lot of […]
Market Update
The dollar hit a 6-1/2 month high after the U.S. Federal Reserve signalled policy would remain restrictive for longer, even after holding rates steady, while the Swiss franc dropped after […]
Market Update
UK Core Inflation YoY (Aug) was expected to drop by 0.1% to 6.8% but released cooler than expected at 6.2%. This eases some of the pressure for the BOE on […]
Market Update
The pound rose against the dollar today as the greenback slipped and as traders looked ahead to the Bank of England’s interest rate decision next week. Sterling has been one […]