Market Update
We had a pretty interesting week on markets with the Jackson Hole Symposium being a non event with no real policy change announced, the FOMC maintained that they will hike […]
Market Update
The British pound dropped to a 10-week low on Friday as investors rein in expectations of where they think the Bank of England’s interest rate might peak after recent soft […]
Market Update
From Monday-Thursday Sterling actually performed pretty well on the week, with Pound to Euro rate reaching 1.1730 and the Pound to Dollar rate hitting 1.28. Unfortunately, on Friday morning, weak […]
Market Update
Pound Sterling is still climbing against The EUR after yesterday’s positive inflation release. Inflation dropped from 7.9% down to 6.8% in the year to July, with the main contributors being […]
Market Update
After positive UK GDP data, the Pound traded a little higher on Friday after a relatively disappointing performance over the week- the data showed that the UK economy has in […]
Market Update
The US Dollar has edged lower this morning ahead of what is a key inflation release for The US. With headline CPI forecast to pick up slightly in July to […]
Market Update
Last week the main event was the BoE interest rate hike, where the Central Bank raised interest rates by 25bps- but kept the stance of more hikes COULD happen if […]
Market Update
GBP/USD is battling to stay above 1.27 after losing ground against USD due to strong payroll Data which exceeded growth expectations in July, which has now raised expectations for the […]
Market Update
The Bank of England is likely to raise interest rates by 0.25% to 5.25% when the monetary policy committee meets on Thursday. If the MPC goes ahead with the rate rise, […]
Market Update
The dollar extended losses today, a day after the Federal Reserve delivered what some expect to be its last rate hike, while the market’s focus shifted across the Atlantic to […]