Market Update
Stronger than expected U.S Retail Sales in December has helped to keep the US Dollar elevated near a 5-week high against the major currency pairs, with Interest Rate cut expectations […]
Market Update
Pound Sterling has risen across the board this morning after UK inflation figures for December increased more than initial expectations. This has now led to markets lowering their expectations for […]
Market Update
German GDP figures for 2023 was released yesterday and showed a decrease of economic output for 2023 by -0.3%. Showing that the German economy is struggling with higher interest rates. […]
Market Update
Sterling exchange rates closed on Friday net positive for the week after GDP numbers showed that the UK economy rebounded in November- however, the part that perhaps wasn’t reported as […]
Market Update
US inflation came in stronger than what was forecasted for December, seeing the inflation rate increase to 3.4% versus 3.1% in November. Even if core inflation dropped from 4% to […]
Market Update
Heading into a new week, there is important economic releases to keep an eye out for. Monday is fairly ‘soft’ when it comes to data releases, so looking ahead what’s […]
Market Update
Last time we are writing to you this year and what a year it has been, I hope you agree on a positive note! Even if this 3-day week has […]
Market Update
Sterling had a tough start to Wednesday’s session and lost ground against both the EUR and USD. After readings were released for core inflation and inflation rate in November. Expectations […]
Market Update
GBP has softened over the past 24 hours against major currency peers, seeing GBP/USD drop below 1.27 and GBP/EUR fight to stay at the 1.16 level. UK inflation is due […]
Market Update
Last week Bank Of England and European Central Bank held their interest rate meetings. Even if the outcome was the same, leaving it unchanged. We could see different approaches going […]