Fed & BoE Meetings In Focus This Week

Fed & BoE Meetings In Focus This Week

This week will most probably be the highlight for September; so far Sterling is in a good position as of the close on Friday, and we have a few releases through the week before we get to the Central bank meetings. On Monday we have Eurozone balance of trade data which...
Sterling strengthening into September.

Sterling strengthening into September.

Sterling exchange rates have improved significantly since the market dropped off following the Bank of Japan rate hike, GBPEUR has now climbed back to the 1.18 level, and GBPUSD has now reached 1.32, the latter is mostly owed to a weakening Dollar Index and more risk...
Fed & BoE Meetings In Focus This Week

Weak NFP’s cause market sell-off

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 been behind the curve with interest rates and is clearly pretty late to the party- with the first...
Fed & BoE Meetings In Focus This Week

Sterling rallies following inflation print.

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 seen as positive as it was low enough for the Government to take a victory lap, but now low...
Sterling recovery next on the cards.

Sterling recovery next on the cards.

Over the last few weeks we have seen Sterling exchange rates begin to fall predominantly against the Euro and Dollar as we have seen strength and progress in Europe and the USA’s vaccination programmes- the good news is it seems we will begin to see recovery...