24/02/2022 – Exchange Rates
- Posted by Shyam Gokani in Rate Alerts
- 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 […]
READ MORE03/02/2022 – Exchange Rates
- Posted by Shyam Gokani in Rate Alerts
- February 3, 2022
- No Comments
The Pound has opened this mornings session slightly lower against The USD after disappointing earnings results for Meta, previously known as Facebook and has therefore seen a sell-off in tech and social media stocks, with people buying into the USD. We do expect GBP to recover moving later into the afternoon as The Bank of […]
READ MORE
Market Update
- Posted by Shyam Gokani in Bank of England, Brexit, coronavirus, Currency, Dollar, Economy, EUR, Fed, GBP, Sterling, UK, Uncategorised
- February 3, 2022
- No Comments
The Pound has opened this mornings session slightly lower against The USD after disappointing earnings results for Meta, previously known as Facebook and has therefore seen a sell-off in tech and social media stocks, with people buying into the USD. We do expect GBP to recover moving later into the afternoon as The Bank of […]
READ MORE02/02/2022 – Exchange Rates
- Posted by Shyam Gokani in Rate Alerts
- February 2, 2022
- No Comments
The forecasted figures for January would suggest that both Inflation and core Inflation is coming down; Inflation has been on an upward trajectory throughout the Pandemic; rising from 4.1% in Oct, 4.9% in Nov to 5.0% in December. Exactly 1 year ago in Jan 2021 inflation in the Euro area stood at just 0.9% and […]
READ MORE
Market Update
- Posted by Shyam Gokani in Bank of England, Brexit, coronavirus, Currency, Dollar, Economy, EUR, Fed, Inflation, Rate Cuts, Sterling, UK, Uncategorised
- February 2, 2022
- No Comments
The Main Data out today is for the Euro area, the forecasted figures for January would suggest that both Inflation and core Inflation is coming down; Inflation has been on an upward trajectory throughout the Pandemic; rising from 4.1% in Oct, 4.9% in Nov to 5.0% in December. Exactly 1 year ago in Jan 2021 inflation […]
READ MORE31/01/2022 – Exchange Rates
- Posted by Shyam Gokani in Rate Alerts
- January 31, 2022
- No Comments
Over the last week we have seen Pound Sterling exchange rates rally from 1.19 to a close above 1.20- this is mostly traders pricing in the fact that the Bank of England are expected to raise interest rates again this week. Now, once common mistake people make is waiting for these decisions thinking that the […]
READ MORE
Market Update
- Posted by Shyam Gokani in Bank of England, Brexit, coronavirus, Currency, Dollar, Economy, EUR, Fed, GBP, Inflation, Prime Minister, Sterling, UK, Uncategorised
- January 31, 2022
- No Comments
Over the last week we have seen Pound Sterling exchange rates rally from 1.19 to a close above 1.20- this is mostly traders pricing in the fact that the Bank of England are expected to raise interest rates again this week. Now, once common mistake people make is waiting for these decisions thinking that the […]
READ MOREExchange Rates – 21/01/2022
- Posted by Shyam Gokani in Rate Alerts
- January 21, 2022
- No Comments
The pound weakened broadly this morning, pulling back from a 23-month high versus the euro touched in the previous session as weakness in Wall Street prompted investors to take profits after a rally this week. Against a broadly sturdy U.S. dollar, the pound weakened 0.25% at $1.3585, its lowest levels in more than a week. […]
READ MOREMarket Update
- Posted by Shyam Gokani in Bank of England, coronavirus, Currency, Dollar, Economy, EUR, Fed, GBP, Inflation, Prime Minister, Sterling, UK, Uncategorised
- January 21, 2022
- No Comments
The pound weakened broadly this morning, pulling back from a 23-month high versus the euro touched in the previous session as weakness in Wall Street prompted investors to take profits after a rally this week. Against a broadly sturdy U.S. dollar, the pound weakened 0.25% at $1.3585, its lowest levels in more than a week. […]
READ MORE10/01/2021 – Exchange Rates
- Posted by Shyam Gokani in Rate Alerts
- January 10, 2022
- No Comments
The Pound has faced its third week, in succession, of gains against the US Dollar following the Bank of Englands decision to hike interest rates, a long awaited agreement with the European Union surrounding a fisheries deal and a surprisingly lower than forecasted non-farm payrolls in December. The US Dollar fell by over 0.5% on […]
READ MORE
