23/04/2024 – Exchange Rates
- April 23, 2024
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 Ramsden last week announced a different path for BoE on their monetary policy, suggesting that inflation levels have fallen steeper than anticipated. Their outlook is […]
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- April 23, 2024
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 Ramsden last week announced a different path for BoE on their monetary policy, suggesting that inflation levels have fallen steeper than anticipated. Their outlook is […]
Read More17/04/2024 – Exchange Rates
- April 17, 2024
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 March’s Inflation figures were released. Inflation was expected to drop down to 3.1%, however it’s proved fairly dogged this morning and dropped slower than expected […]
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- April 17, 2024
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 March’s Inflation figures were released. Inflation was expected to drop down to 3.1%, however it’s proved fairly dogged this morning and dropped slower than expected […]
Read More16/04/2024 – Exchange Rates
- April 16, 2024
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 spending from consumers and households even after inflation levels at the end of last week did not reduce as planned has led to USD remaining […]
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- April 16, 2024
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 spending from consumers and households even after inflation levels at the end of last week did not reduce as planned has led to USD remaining […]
Read More15/04/2024 – Exchange Rates
- April 15, 2024
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 shadowed by the escalating Middle East conflict with Iran launching a drone attack on Israel. The reality of such events is that it throws the […]
Read MoreMarket Update
- April 15, 2024
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 shadowed by the escalating Middle East conflict with Iran launching a drone attack on Israel. The reality of such events is that it throws the […]
Read More11/04/2024 – Exchange Rates
- April 11, 2024
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 The Dollar hit a 5 month high, threatening to dip towards 1.25 last night. March’s inflation came out at 3.5%, proving again that inflation was […]
Read MoreMarket Update
- April 11, 2024
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 The Dollar hit a 5 month high, threatening to dip towards 1.25 last night. March’s inflation came out at 3.5%, proving again that inflation was […]
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