Market Update
Core inflation numbers are released for the Euro Zone at 10am, its forecasted to attract a slight gain from 2.7% in April up to 2.9% for May. This should not […]
Market Update
Yesterday The Bank of Canada became the 2nd Central Bank after The Swiss National Bank to implement their first rate cut and this came after six consecutive meetings of leaving […]
Market Update
Pound Sterling exchange rates have had a very good month in May, considering news of a UK election coming in July, the volatility has very much been swayed in favour […]
Market Update
Eurozone Consumer Confidence edged slightly higher for May’s reading yesterday, from -14.7 to -14.3. It was in line with expectations but more importantly reflected the smallest extent of pessimism by […]
Market Update
Last week was quite eventful for Stering exchange rates with a higher than expected inflation print causing GBPEUR to spike to 1.1770 and GBPUSD to 1.2770- the data overall was […]
Market Update
Last week was constructive for Sterling exchange rates with GBPEUR ending the week at 1.1685, and GBPUSD ending the week at 1.27. EURUSD was also bullish last week closing on […]
Market Update
Quieter times are expected for The US Dollar over the next few weeks after recent economic releases initially showed mixed signals with their economy. Yesterday’s April Inflation release showed a […]
Market Update
Recent market focus has centered around European Inflation figures with Germany’s April Inflation figures released yesterday. Inflation in general rose slightly more than anticipated off the back of strong food […]
Market Update
This morning we have seen German inflation levels cooled down for its first time in 2024, being unchanged from March to April at 2.2%. After 3 consecutive months of drop […]
Market Update
The last week was pretty volatile for Sterling exchange rates, with the Pound falling prior and following the BoE decision. The simple update is that 2 members voted for a […]