Market Update
- Posted by Shyam Gokani in Bank of England, Budget, coronavirus, Dollar, Economy, EUR, Fed, Inflation, Sterling, UK, Uncategorised
- March 14, 2022
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The British pound fell to a 16-month low against the U.S. dollar, ahead of monetary policy updates from the Bank of England and Federal Reserve later in the week. Both the BoE and Fed are seen raising their main interest rates by 25 basis points at their respective meetings taking U.S rates to 50 bps […]
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11/03/2022 – Exchange Rates
- Posted by Shyam Gokani in Rate Alerts
- March 11, 2022
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Sterling slipped to a 16-month low today against the safe-haven U.S. dollar and is heading for its third consecutive weekly decline as stronger-than-expected UK economic growth did little to support the pound. The Office for National Statistics said Britain’s economy grew 0.8% in January, the strongest monthly expansion since June and more than forecast by […]
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Market Update
- Posted by Shyam Gokani in Bank of England, Brexit, coronavirus, Dollar, Economy, EUR, Fed, GBP, Sterling, UK, Uncategorised
- March 11, 2022
- No Comments
Sterling slipped to a 16-month low today against the safe-haven U.S. dollar and is heading for its third consecutive weekly decline as stronger-than-expected UK economic growth did little to support the pound. The Office for National Statistics said Britain’s economy grew 0.8% in January, the strongest monthly expansion since June and more than forecast by […]
READ MORE03/03/2022 – Exchange Rates
- Posted by Shyam Gokani in Rate Alerts
- March 3, 2022
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Sterling has continued to rise this morning against The EUR, reaching 1.2082 which is the highest in 12 months, with investors and traders focusing on market bets shifting towards a likelihood of The Bank of England raising rates again in March. Money markets are currently pricing in 108 bps of UK rate hikes this year […]
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Market Update
- Posted by Shyam Gokani in Bank of England, Brexit, coronavirus, Currency, Dollar, Economy, EUR, Fed, GBP, Inflation, Sterling, UK, Uncategorised
- March 3, 2022
- No Comments
Sterling has continued to rise this morning against The EUR, reaching 1.2082 which is the highest in 12 months, with investors and traders focusing on market bets shifting towards a likelihood of The Bank of England raising rates again in March. Money markets are currently pricing in 108 bps of UK rate hikes this year […]
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- Posted by Shyam Gokani in Rate Alerts
- February 28, 2022
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The focus for exchange rates is currently the ongoing tensions between Russia & Ukraine- over the last few days we saw these tensions escalate after Russia began an invasion of Ukraine on February 24th- this kicked off a knee jerk reaction which saw many assets sell-off and investors flee to the Dollar (As you would […]
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Market Update
- Posted by Shyam Gokani in Bank of England, Currency, Dollar, Economy, EUR, Fed, GBP, Inflation, Sterling, UK, Uncategorised
- February 28, 2022
- No Comments
The focus for exchange rates is currently the ongoing tensions between Russia & Ukraine- over the last few days we saw these tensions escalate after Russia began an invasion of Ukraine on February 24th- this kicked off a knee jerk reaction which saw many assets sell-off and investors flee to the Dollar (As you would […]
READ MORE25/02/2022 – Exchange Rates
- Posted by Shyam Gokani in Rate Alerts
- February 25, 2022
- No Comments
Sterling crashed against a surging dollar in its worst day since March 2020 as investors rushed into safe-haven assets after Russian forces invaded Ukraine. Missiles rained down. Ukraine reported columns of troops pouring across its borders from Russia and Belarus and landing on the coast from the Black and Azov seas. Safe-haven currencies such as […]
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Market Update
- Posted by Shyam Gokani in Bank of England, Brexit, coronavirus, Dollar, Economy, election, EUR, Fed, GBP, Prime Minister, Sterling, UK, Uncategorised
- February 25, 2022
- No Comments
Sterling crashed against a surging dollar in its worst day since March 2020 as investors rushed into safe-haven assets after Russian forces invaded Ukraine. Missiles rained down. Ukraine reported columns of troops pouring across its borders from Russia and Belarus and landing on the coast from the Black and Azov seas. Safe-haven currencies such as […]
READ MOREMarket Update
- Posted by Shyam Gokani in Bank of England, coronavirus, Dollar, Economy, EUR, GBP, Prime Minister, Sterling, UK, Uncategorised
- February 24, 2022
- No Comments
With news filtering through of a full scale invasion by Russia into Ukraine this morning, markets have taken a tumble with both GBP & EUR falling off against The USD. GBP/USD is now below the 1.35 area with EUR/USD currently in the mid 1.12 range with both currency pairs having dropped 1 cent against The […]
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