Market Update
Despite some buoyant UK data releases yesterday, in the construction surveys and more importantly British Retail Sales last month, it has done little to help The Pound as this morning
06/08/2024 – Exchange Rates
Since end of last week GBP has lost battles against its peers, noticing big losses against both the EUR and USD. Yesterday and in this morning session, we have seen
Market Update
Since end of last week GBP has lost battles against its peers, noticing big losses against both the EUR and USD. Yesterday and in this morning session, we have seen
05/08/2024 – Exchange Rates
Last week ended in a pretty explosive way after fewer jobs were added in the U.S than expected last month. Unemployment rose to 4.3%- essentially showing that the Fed has
Market Update
Last week ended in a pretty explosive way after fewer jobs were added in the U.S than expected last month. Unemployment rose to 4.3%- essentially showing that the Fed has
31/07/2024 – Exchange Rates
BOJ (Bank of Japan) raised interest rates for its second time of 2024, first one taking place back in March. Economically it’s a very different situation to the likes of
Market Update
BOJ (Bank of Japan) raised interest rates for its second time of 2024, first one taking place back in March. Economically it’s a very different situation to the likes of
29/07/2024 – Exchange Rates
Pound Sterling has suffered more losses this morning against major currency pairs, as it now looks increasingly likely that an Interest Rate cut by the Bank of England will be
Market Update
Pound Sterling has suffered more losses this morning against major currency pairs, as it now looks increasingly likely that an Interest Rate cut by the Bank of England will be
26/07/2024 – Exchange Rates
Yesterday witnessed GBP poorest daily performance against the EUR since back in April. Recent earning reports across the globe, including UK entities – has shown a slow down in performance
Market Update
Yesterday witnessed GBP poorest daily performance against the EUR since back in April. Recent earning reports across the globe, including UK entities – has shown a slow down in performance
25/07/2024 – Exchange Rates
Yesterday we saw the Bank of Canada cut their interest rates by 25 basis points for a second consecutive month, bringing their policy rate down to 4.50% in line with
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