Euro-USD rate dips below 1.08

This morning we’ve seen the Euro-USD rate dip below 1.08 adding to the sustained pressure the Euro has been under. With the Euro economy struggling and inflation continuing to hold […]

Bigger than expected UK inflation drop

The pound tumbled after softer-than-expected UK inflation data emboldened investors to bet on more aggressive interest-rate cuts from the Bank of England. Sterling slid 0.6% to $1.2990, its lowest level […]

UK Unemployment Rate Improves

This morning we saw a slight improvement for UK unemployment in the last three months leading up to August. ONS (Office for National Statistics) did forecast a level of 4.1% […]

Market Update

UK Inflation has jumped back above 2% as expected, however it hasn’t climbed as much with headline numbers showing inflation at 2.2%. The dilemma facing the Bank of England over […]

Market Update

Since end of last week GBP has lost battles against its peers, noticing big losses against both the EUR and USD. Yesterday and in this morning session, we have seen […]

Market Update

Pound Sterling has suffered more losses this morning against major currency pairs, as it now looks increasingly likely that an Interest Rate cut by the Bank of England will be […]

Market Update

Readings from the ECB bank lending survey sending mixed signals. Demand continues to fall for businesses in the Euro zone while household lending saw its first increase since 2022. A […]

Market Update

The major story last week was the Bank of England making it very clear that they are preparing for a rate cut in August, this caused Sterling rates to sell […]