News & Insights – Page 4 – Currencies 4 You

Market Update

The ECB (European Central Bank) lowered their borrowing costs for the first time in five years from an all time high by 25 basis points down to 4.25%. This did

June 7, 2024

06/06/2024 – Exchange Rates

Yesterday The Bank of Canada became the 2nd Central Bank after The Swiss National Bank to implement their first rate cut and this came after six consecutive meetings of leaving

June 6, 2024

Market Update

Yesterday The Bank of Canada became the 2nd Central Bank after The Swiss National Bank to implement their first rate cut and this came after six consecutive meetings of leaving

June 6, 2024

03/06/2024 – Exchange Rates

Pound Sterling exchange rates have had a very good month in May, considering news of a UK election coming in July, the volatility has very much been swayed in favour

June 3, 2024

Market Update

Pound Sterling exchange rates have had a very good month in May, considering news of a UK election coming in July, the volatility has very much been swayed in favour

June 3, 2024

31/05/2024 – Exchange Rates

Eurozone Consumer Confidence edged slightly higher for May’s reading yesterday, from -14.7 to -14.3. It was in line with expectations but more importantly reflected the smallest extent of pessimism by

May 31, 2024

Market Update

Eurozone Consumer Confidence edged slightly higher for May’s reading yesterday, from -14.7 to -14.3. It was in line with expectations but more importantly reflected the smallest extent of pessimism by

May 31, 2024

30/05/2024 – Exchange Rates

Sterling has recently held on steady against the EUR and as no economic data releases today that should have an impact on the GBP/EUR rate, eyes are now on tomorrow’s

May 30, 2024

Market Update

Sterling has recently held on steady against the EUR and as no economic data releases today that should have an impact on the GBP/EUR rate, eyes are now on tomorrow’s

May 30, 2024

29/05/2024 – Exchange Rates

U.S Consumer Confidence figures yesterday showed an unexpected improvement in May after what had been a worryingly painful three months prior, with optimism surrounding the labour market falling, as well

May 29, 2024

Market Update

U.S Consumer Confidence figures yesterday showed an unexpected improvement in May after what had been a worryingly painful three months prior, with optimism surrounding the labour market falling, as well

May 29, 2024

28/05/2024 – Exchange Rates

Last week was quite eventful for Stering exchange rates with a higher than expected inflation print causing GBPEUR to spike to 1.1770 and GBPUSD to 1.2770- the data overall was

May 28, 2024

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