Market Update
A softer approach from The Fed Reserve from September for rate hikes has seen the USD lose further ground over night against a number of different currencies. The minutes from […]
Market Update
The pound rallied today, persisting at more than two-week highs against a broadly weaker dollar, as traders await key data on the UK’s manufacturing industry this week. The strength of […]
Market Update
US Dollar strength continues to be the theme of May after another high release of Inflation data for April bringing the U.S inflation to 8.3%. The figure was lower than […]
Market Update
USD strength continues to be the theme of this week, with the safe-haven currency set for it’s best month since 2015. The prospect of aggressive rate hikes in the U.S., […]
Market Update
The pound held near lows last seen in 2020 against a strong dollar, as risk assets like the British currency remained under pressure on concerns over the impact of the […]
Market Update
Last week’s economic releases were fairly quiet up until Thursday when we heard from all three major central banks (the Fed, BoE & ECB) speaking all within the space of […]
Market Update
The British pound tumbled this morning, following data that showed slumping retail sales and record-low confidence as high inflation has cut into consumer spending. Retail sales volumes slid 1.4% from […]
Market Update
Interest Rate raises are the topic of conversation at the minute with a focus on The European Central Bank & The Fed Reserve. ECB Governing Council Member Martins Kazaks commented […]
Market Update
Last week hosted an eventful week from FOMC members with speeches shifting markets lower and fulfilling trader’s bets of an aggressive Fed tightening program. It is clear from the Fed’s […]
Market Update
The Federal Reserve released their meeting minutes for March yesterday evening, paving the way for USD strength with comments in the report seemingly teeing up a 50 bps hike on […]