Market Update
The USD lost further ground against major currency pairs overnight after The Federal Reserve raised their Interest Rates by a further 25 basis points, but crucially stated that they no […]
Market Update
The pound gained versus the dollar and held steady against the euro this morning ahead of an expected U.S. Federal Reserve rate hike later in the day and Thursday’s European […]
Market Update
With just a 4 day week ahead of us in the UK before the King’s Coronation, we have a relatively volatile week on the cards with Central Banks as the […]
Market Update
This morning we see the retail sales figures released for the UK. Expectations were that it would continue to drop off, especially after seeing inflation levels stay above the 10% […]
Market Update
Sterling rises after U.K. inflation data this morning exceeded analysts’ forecasts, fuelling expectations the Bank of England will raise interest rates further. U.K. inflation fell to an annual rate of 10.1% […]
Market Update
Sterling extended gains above $1.24, moving closer towards an over 10-month high of $1.2546 touched on April 14, after data showed the UK labor market remained tight in the three […]
Market Update
After a disappointing retail sales release from the U.S on Friday, we saw the markets very quickly jump into positions on the Dollar- GBPUSD fell from 1.25 down to 1.24, […]
Market Update
The DXY (dollar Index) dropped to a one year low this morning. Results after yet another inflation data, PPI (Producer Price Inflation) decrease of 0.5%. Only a few days ago, […]
Market Update
Tuesday was a busy day for global economic releases, below are some of the highlights and impact it had on the markets. UK- BRC Retail Sales Monitor YOY (MARCH)- Forecast: […]
Market Update
Markets have been quiet due to the extended Easter Bank Holiday weekend- but on Friday we did have U.S NFP’s release- and though the number was better than expected, the […]