Market Update
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 […]
Market Update
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, […]
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
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
GBP struggling to keep pace against the EUR this week, currently hovering around 1.1450. Yesterday raised concerns after a number of pension funds find that the government’s plan lacked investment […]
Market Update
Throughout this week both GBP and EUR have outperformed the USD, until Thursday afternoon. Strong inflation data was released for the US and the trajectory for a potential further rate […]
Market Update
After hearing from 3 members of the Federal Reserve give their view on how they prefer the US central bank should go forward and how its performing, suggest further USD […]
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 […]