Federal Reserve still expected to opt for a third straight interest rate cut
US Consumer Prices rose in November by the biggest margin in 7 months, ticking up to 2.7%, with the Federal Reserve still expected to opt for a third straight interest […]
Pound Sterling climbs to a new 2 year-high
Pound Sterling climbed to a new 2 year-high yesterday as it gained momentum ahead of Thursday’s European Central Bank meeting. As it stands, The European Central Bank is expected to […]
President Macron commits to appointing a PM to pass the next budget
Last week French politics took the spotlight with a vote of no confidence resulting in the current Government being dissolved. Upon PM Barniner’s exit, there has been much positive movement […]
A rebound in the EUR against both the GBP and USD
Yesterday we did see a bounce back for the EUR against GBP and USD, with the latter seeing movements of up to 0.7% in favour for the EUR. After a […]
Michel Barnier ousted as Prime Minister as he loses no-confidence vote
Last night we eventually saw Michel Barnier ousted as Prime Minister as he lost the no-confidence vote after his attempt to push through his social security policy came up against […]
The Reserve Bank of New Zealand cuts interest rates by 50 basis points
Overnight The Reserve Bank of New Zealand cut their interest rates by 50 basis points, bringing their rates down to 4.25%. Surprisingly the New Zealand Dollar rose by almost 1% […]
Focus is on the US with several Economic Data releases
Tuesday starts off with a speech from ECB (European Central Bank) member Elizabeth Mccaul at 10am. Could we hear something that will indicate a more detail plan for ECB moving […]
Sterling weaker after bad Retail Sales
Last week ended on a weaker note for Sterling following weak PMI data and weak retail sales numbers, this led to lower exchange rates against both the Euro and the […]
BoE officials dial down interest rate cuts
The message sent from Bank of England officials recently of dialling down its monetary policy (interest rate cuts) could well have been confirmed this morning. We saw UK inflation rise […]
Sterling finishes the week lower across the board
On Friday UK GDP numbers showed that growth in the UK had slowed down to just 0.1% by September, which has had an instant negative impact on Sterling exchange rates. […]