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Bank of England
Shyam Gokani

Market Update

Last week was very encouraging for Sterling bulls with GBPEUR rising above 1.17 and GBPUSD rising above 1.29. Retail sales coming in strong on Friday closed off the week perfectly

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August 19, 2024
Bank of England
Shyam Gokani

Market Update

UK Inflation has jumped back above 2% as expected, however it hasn’t climbed as much with headline numbers showing inflation at 2.2%. The dilemma facing the Bank of England over

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August 14, 2024
Rate Alerts
Shyam Gokani

14/08/2024

UK Inflation has jumped back above 2% as expected, however it hasn’t climbed as much with headline numbers showing inflation at 2.2%. The dilemma facing the Bank of England over

Read More »
August 14, 2024
Rate Alerts
Shyam Gokani

13/08/2024 – Exchange Rates

GBP saw a sign of relief in Tuesday’s morning session after the UK unemployment rate saw a decrease in June down to 4.2%. Even if there were signs of positive

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August 13, 2024
Sterling
Shyam Gokani

Market Update

GBP saw a sign of relief in Tuesday’s morning session after the UK unemployment rate saw a decrease in June down to 4.2%. Even if there were signs of positive

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August 13, 2024
Rate Alerts
Shyam Gokani

08/08/2024 – Exchange Rates

The Australian Dollar has strengthened overnight against a number of currencies after Reserve Bank Governor Michele Bullock stated that central bank wouldn’t hesitate to hike interest rates again if inflation

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August 8, 2024
Bank of England
Shyam Gokani

Market Update

The Australian Dollar has strengthened overnight against a number of currencies after Reserve Bank Governor Michele Bullock stated that central bank wouldn’t hesitate to hike interest rates again if inflation

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August 8, 2024
Rate Alerts
Shyam Gokani

07/08/2024 – Exchange Rates

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

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August 7, 2024
Sterling
Shyam Gokani

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

Read More »
August 7, 2024
Rate Alerts
Shyam Gokani

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

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August 6, 2024

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

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August 6, 2024
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