Market Update
Sterling could rise as the Bank of England is likely to raise interest rates by 25 basis points to 4.5% as expected on Thursday and potentially signal further rate increases. […]
Market Update
Last week was pretty eventful with both the ECB and the Fed confirming 25 bps rises as expected, the key takeaways is that the Fed will probably pause for now […]
Market Update
The pound gained versus the dollar and held steady against the euro this morning ahead of an expected U.S. Federal Reserve rate hike later in the day and Thursday’s European […]
Market Update
Sterling rises after U.K. inflation data this morning exceeded analysts’ forecasts, fuelling expectations the Bank of England will raise interest rates further. U.K. inflation fell to an annual rate of 10.1% […]
Market Update
Sterling extended gains above $1.24, moving closer towards an over 10-month high of $1.2546 touched on April 14, after data showed the UK labor market remained tight in the three […]
Market Update
After a disappointing retail sales release from the U.S on Friday, we saw the markets very quickly jump into positions on the Dollar- GBPUSD fell from 1.25 down to 1.24, […]
Market Update
Tuesday was a busy day for global economic releases, below are some of the highlights and impact it had on the markets. UK- BRC Retail Sales Monitor YOY (MARCH)- Forecast: […]
Market Update
Markets have been quiet due to the extended Easter Bank Holiday weekend- but on Friday we did have U.S NFP’s release- and though the number was better than expected, the […]
Market Update
USD has edged higher this morning with risk sentiment amongst traders softening, however the safe-haven currency still remains near 2 month lows as it looks increasingly likely that The Federal […]
Market Update
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 […]