Market Update
The recent dovish sentiment from BoE on their stance on interest rates has seen GBP fall sharply, in particular to the USD. After both Bank of England members Bailey and […]
Market Update
This morning has seen some much needed relief provided for GBP against it’s major currency peers, USD & EUR in particular with GBP climbing around 0.5% against both currencies after […]
Market Update
GBP/ USD hit a 5-month low in this morning session. USD continue to outperform its peers after recent retail sales shows ongoing strength in the American economy. No halt on […]
Market Update
Last week was pretty busy on the macroeconomic front with Fed minutes, the ECB confirming a rate cut from June and plenty of economic data- however, this was all over […]
Market Update
Stronger than anticipated inflation has buoyed expectations that The Federal Reserve will hold off from any imminent rate cuts and prolong their higher-for-longer mantra. As a result, we have seen […]
Market Update
Expectations for the Federal Reserve’s next rate cut has changed drastically in the last few months. Beginning in the end of 2023, we could see USD weakness as market expectations […]
Market Update
US Dollar strength in the last 24 hours has seen both GBP/USD & EUR/USD lose ground from last week, with both currency pairings losing close to 1%. GBP/USD had dropped […]
Market Update
This morning we’ve seen a basket of Euro data released from France, Spain and The Euro-Zone. Although preliminary Spanish Inflation data for March suggests a slight rise in prices, Consumer […]
Market Update
If we look into the economic calendar for today, there is nothing coming out for the UK. Consumer confidence from Germany was rolled out this morning and is almost unchanged […]
Market Update
UK Retail Sales showed promising signs for The UK economy, with figures coming in better than initially anticipated, albeit flatlining last month against expectations of a decline in sales. Any […]