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
The Pound has struggled to maintain any form of strength against the Euro and Dollar over the last month, with GBPEUR currently trading at 1.1450 and GBPUSD trading at 1.2130. […]
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
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 […]
Market Update
The pound rose against the dollar for the first time in almost a week, in line with a retreat in the U.S. currency, and after a survey showed UK business […]
Market Update
The British pound suffered its worst month against the U.S. dollar for a year in September, and strategists show little optimism for the rest of the year, as growth expectations […]