Market Update
This week saw Pound gain strength against the Euro (0.2%) as well as the Dollar (0.76%), following the Prime Minister’s announcement of a deal with the EU to amend the […]
Market Update
To recap on Friday, we saw a reduction in the initial jobless claims for the US following that the job market in the US remains strong. The dollar’s strength could […]
Market Update
A reduction in weekly jobless and initial claims for the US confirming a continuing strong job market. If look back to the start of the month, non-farm payroll, that pictured […]
Market Update
Yesterday’s FOMC meeting minutes from The Federal Reserve brought further strength to The USD, as we saw both GBP & EUR lose ground by 0.5%. After the last rate hike […]
Market Update
Sterling rose above 1.21 against The USD & rose closer to 1.14 against The EUR after surprisingly better than expected PMI figures for The UK. Strong economical growth within the […]
Market Update
To recap on Friday, we had four FED speeches, simply just talking about economic outlook of what’s yet to come they basically mentioned they are going to be more hawkish […]
Market Update
Yesterday we saw US PPI (producer price inflation) reach 0.7%, its highest level in 7 months. We also had four speeches from Federal Reserve members commeting on the economic outlook for […]
Market Update
The USD dipped slightly this morning, giving up some of its gains from yesterday but is still keeping GBP struggling to break the 1.21 area and the EUR just about […]
Market Update
Yesterday we saw UK Employment data release above expectation, which saw GBP climb above both Dollar & Euro. 34K more jobs above forecast and unemployment remained unmoved at 3.7%. Average […]
Market Update
UK Wages continued to climb in the UK but failed to keep pace with inflation despite the largest rise outside of the COVID pandemic. Pay, excluding bonuses, increased at an […]