Pound Slides as UK Unemployment Hits Five Year High
The British Pound faced selling pressure on Tuesday following the release of weaker than expected UK unemployment data. The readings from the data, suggest markets now raised the probability of […]
Volatility Returns as Dollar Swings and Sterling Faces Political Pressure
Markets have been particularly volatile over the past week, with the FX space dominated by a clear tug-of-war between a softer US Dollar, shifting risk sentiment and regional political developments. […]
Dollar Edges Lower Ahead of Key US Labour and Retail Data
The US Dollar is drifting slightly lower this morning as investors wait for a heavy run of US economic data that will help shape interest rate expectations. Attention remains firmly […]
Sterling Under Pressure Ahead of Key Central Bank Decisions
Sterling has continued its fall off from 1.37 against The Dollar and 1.16 against the Euro as investors and traders position themselves ahead of this afternoon’s Bank of England interest […]
Global Markets React to Central Bank Decisions and Key Data
Reserve bank of Australia did raise their interest rate levels this morning. Even if the monetary action was expected, we have seen AUD making moves against its peers, with GBP/AUD […]
Dollar Volatility Dominates as Key Data and Central Banks Take Focus
Last week was one of the most volatile we have seen so far this year, driven largely by sharp and widespread US Dollar weakness. GBP/USD surged from 1.34 to 1.38 […]
Dollar Weakness Continues as Global Risk and Political Turmoil Mount
The US Dollar sell-off continues to weigh heavy on the currency with both GBP and EUR reaching 5-year highs against The Dollar. This continued weakness has come off the back […]
USD Under Pressure as Gold Surges and Fed Meeting Looms
Yesterday we saw continuing USD weakness after Donald Trump revoked his intentions of military actions on Greenland and withdraw tariff threats towards UK and European countries. We have seen gold […]
Sterling Surges as Trade Tensions Ease and Volatility Returns
After an extremely volatile week in the markets, Sterling finished significantly stronger, driven largely by a sharp de-escalation in trade tensions. President Trump reversed proposed tariffs on Europe and the […]
Pound Steady After UK Inflation Surprise as Dollar Pressured by Political Uncertainty
Pound Sterling has remained fairly level this morning after UK Inflation figures for last month beat expectations and rose slightly to 3.4%. UK Inflation remains the highest out of the […]