Sterling Steady as Markets Await Crucial UK Spring Budget
Last week was relatively steady for Sterling exchange rates, with the Bank of England’s latest meeting delivering no surprises. As widely expected, the BoE kept rates unchanged at 4.50%, reflecting […]
Market Uncertainty Rises as Trump Comments Shake the US Dollar & BoE Rate Decision Looms
The US Dollar has been trumped by Donald Trump after his disruptive comments following The Federal Reserve’s rate decision saw Cable float around the 1.30 area. Donald Trump stated that […]
Trump’s Trade Chaos, Market Volatility, and a Data-Packed Week Ahead
Another week, another rollercoaster for the markets, driven yet again by Trump’s unpredictable trade policies and the continued fallout from geopolitical uncertainty. If you were hoping for some stability—think again. The U.S. administration has […]
GBP Weakens as Retail Sales Decline & Risk Sentiment Weighs on Markets
Tuesday has not got much to offer in terms of economic data releases. We did see at midnight UK retail sales monitor release a down grade for the retail sector […]
Dollar Weakness Continues Amid Tariff Uncertainty
The first week of March saw continued weakness in the U.S. Dollar, driven largely by ongoing uncertainty surrounding tariffs and the geopolitical situation in Ukraine. The tariff debate is unlikely […]
ECB Rate Cut Confirmed, USD Weakens Ahead of Key U.S. Jobs Data
ECB (European central bank) lowered their interest rates levels by 25 basis points yesterday down to a base rate of 2.5%. This did not come as a surprise, as markets […]
Sterling Drops as Euro Strengthens Ahead of ECB Decision & US Jobs Data
Pound Sterling suffered its biggest daily decline yesterday in five months, falling a total of 1.5% against The Euro this week. This was after the German government committed to multi-billion […]
Currency Volatility and Tariff Uncertainty
Last Week’s Market Movements Last week brought significant volatility to the currency markets, particularly for Sterling and US Dollar pairs. We observed GBP/EUR rising to 1.2120, GBP/USD climbing to 1.27, […]
UK Housing Boom and Eurozone Struggle
UK housing prices continues it rising pattern for the sixth consecutive month in a row. An increased demand from first time buyers has increased demand for properties, with the stamp-duty […]
Market Volatility Rises as Trump’s Tariff Plans Shake Global Currencies
New comments made from Donald Trump surrounding the implementation of tariffs on Canada & Mexico to now be introduced from April 2nd has seen GBP/CAD reach the highest levels since 2018. […]