Market Update
No surprises yesterday when ECB (European Central Bank) decided to hold rates at 4.5%. President Christine Lagarde mentioned that there could be further actions in the future but that current […]
Market Update
Australia’s inflation yesterday has shown signs of a continued struggle to drop quick enough, with inflation mainly boosted by higher petrol prices, adding further fuel to the Interest Rate question […]
Market Update
GBP struggling to keep pace against the EUR this week, currently hovering around 1.1450. Yesterday raised concerns after a number of pension funds find that the government’s plan lacked investment […]
Market Update
Throughout this week both GBP and EUR have outperformed the USD, until Thursday afternoon. Strong inflation data was released for the US and the trajectory for a potential further rate […]
Market Update
Sterling rebounded yesterday to give the currency some much needed relief after continued pressure against both EUR & USD most notably over the past 8 weeks. Septembers PMI Survey for […]
Market Update
The pound rose against the dollar for the first time in almost a week, in line with a retreat in the U.S. currency, and after a survey showed UK business […]
Market Update
The British pound suffered its worst month against the U.S. dollar for a year in September, and strategists show little optimism for the rest of the year, as growth expectations […]
Market Update
The month ended with GBPEUR at 1.1530 and GBPUSD at 1.22- over all the month of September was not very supportive for the Sterling and we saw a lot of […]
Market Update
GBP/USD continued its struggle around the 1.21 area after yesterday’s strong performance from The Dollar. This was mainly due to 10 year Bond’s in The US touching 4.5% for the […]
Market Update
The main talking point across the currency market is that of the Dollar gaining significant strength against both Sterling and Euro. 10yr Treasury bond yields in the US rose by […]