17/04/2024 – 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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Market Update
- 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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16/04/2024 – 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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Market Update
- 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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15/04/2024 – 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 […]
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Market 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 […]
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11/04/2024 – 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 […]
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Market 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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10/04/2024 – Exchange Rates
- April 10, 2024
The US Dollar has steadied this morning, as anticipation builds towards the key inflation release for The U.S this afternoon. It’s expected that inflation will have remained an issue for The Federal Reserve in March, with figures suggesting inflation will have crept back up towards 3.4%-3.5%. A release which would give The Federal Reserve less […]
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Market Update
- April 10, 2024
The US Dollar has steadied this morning, as anticipation builds towards the key inflation release for The U.S this afternoon. It’s expected that inflation will have remained an issue for The Federal Reserve in March, with figures suggesting inflation will have crept back up towards 3.4%-3.5%. A release which would give The Federal Reserve less […]
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