Federal Reserve reduces interest rates by 25 basis-points
The US Dollar has risen across the board overnight after we saw The Federal Reserve reduce their interest rates by 25 basis-points, which would usually weaken the currency. However, due […]
UK Inflation rises for a second consecutive month in November
Inflation in The UK has risen for a second consecutive month in November, moving further away from The Bank of England’s two percent target as last month saw a fairly […]
UK Sees First Earnings Growth Acceleration in Over a Year
Average earnings in for the UK saw a growth of acceleration for the first time in more than a year reaching 5.2%. In the last month average earnings came in […]
Sterling finishes the week on a downbeat note after disappointing UK GDP figures
Sterling ended the week on a pretty negative note following weak UK GDP data with GBPEUR falling to 1.20, and GBPUSD falling to 1.26. The biggest concern with the data […]
European Central Bank cuts interest rates by 25 basis points
European Central Bank cut their interest rates yesterday by 25 basis points – leading up to their meeting there was a split view whether it could potentially be even 50 […]
Federal Reserve still expected to opt for a third straight interest rate cut
US Consumer Prices rose in November by the biggest margin in 7 months, ticking up to 2.7%, with the Federal Reserve still expected to opt for a third straight interest […]
Pound Sterling climbs to a new 2 year-high
Pound Sterling climbed to a new 2 year-high yesterday as it gained momentum ahead of Thursday’s European Central Bank meeting. As it stands, The European Central Bank is expected to […]
A rebound in the EUR against both the GBP and USD
Yesterday we did see a bounce back for the EUR against GBP and USD, with the latter seeing movements of up to 0.7% in favour for the EUR. After a […]
Michel Barnier ousted as Prime Minister as he loses no-confidence vote
Last night we eventually saw Michel Barnier ousted as Prime Minister as he lost the no-confidence vote after his attempt to push through his social security policy came up against […]
Euro has continued to be under pressure ahead of the no-confidence vote against the French Prime Minister
This morning The Euro has continued to be under pressure ahead of the no-confidence vote against the French Prime Minister Michel Barnier. Lawmakers are set to begin debating the social […]