Market Update
- Posted by Shyam Gokani in Bank of England, Brexit, coronavirus, Dollar, Economy, EUR, Fed, GBP, Inflation, Prime Minister, Rate Cuts, Retail Sales, Sterling, UK, Uncategorised
- January 10, 2022
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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 […]
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20/12/2021 – Exchange Rates
- Posted by Shyam Gokani in Rate Alerts
- December 20, 2021
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The British pound slipped to a three-day low on Monday, dropping below $1.32 versus the dollar as a broad risk-off mood swept through financial markets. Growing doubts about U.S. President Biden’s infrastructure program to see the light of day due to Democrat Joe Manchin’s ‘no’ is prompting a rethink about U.S. growth forecasts for 2022 […]
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- Posted by Shyam Gokani in Bremain, Brexit, coronavirus, Dollar, Economy, EUR, GBP, Prime Minister, Sterling, UK, Uncategorised
- December 20, 2021
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The British pound slipped to a three-day low on Monday, dropping below $1.32 versus the dollar as a broad risk-off mood swept through financial markets. Growing doubts about U.S. President Biden’s infrastructure program to see the light of day due to Democrat Joe Manchin’s ‘no’ is prompting a rethink about U.S. growth forecasts for 2022 […]
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- Posted by Shyam Gokani in Rate Alerts
- November 18, 2021
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The Pound has continued its recovery this week after positive employment data removed fears of the potential impact from the furlough scheme ending in October. The potential fall-out from furlough was cited as the main reason for The Bank of England resisting a rate hike earlier this month, and with inflation surging over 4% for […]
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Market Update
- Posted by Shyam Gokani in Bank of England, Budget, coronavirus, Currency, Dollar, Economy, EUR, Fed, GBP, Inflation, Prime Minister, Rate Cuts, Retail Sales, Sterling, UK, Uncategorised
- November 18, 2021
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The Pound has continued its recovery this week after positive employment data removed fears of the potential impact from the furlough scheme ending in October. The potential fall-out from furlough was cited as the main reason for The Bank of England resisting a rate hike earlier this month, and with inflation surging over 4% for […]
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- Posted by Shyam Gokani in Rate Alerts
- November 17, 2021
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The dollar was much stronger this morning, benefiting from the release of strong retail sales, while sterling climbed after a hot inflation release pointed to a December Bank of England interest rate hike. The latest catalyst for these dollar gains was the release of surprisingly strong U.S. retail sales data on Tuesday, which climbed 1.7% […]
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- Posted by Shyam Gokani in Bank of England, Budget, Currency, Dollar, Economy, EUR, Fed, Inflation, Rate Cuts, Sterling, UK, Uncategorised
- November 17, 2021
- No Comments
The dollar was much stronger this morning, benefiting from the release of strong retail sales, while sterling climbed after a hot inflation release pointed to a December Bank of England interest rate hike. The latest catalyst for these dollar gains was the release of surprisingly strong U.S. retail sales data on Tuesday, which climbed 1.7% […]
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Market Update
- Posted by Shyam Gokani in Bank of England, Brexit, coronavirus, Dollar, Economy, EUR, Fed, GBP, Inflation, Retail Sales, Sterling, UK, Uncategorised
- November 15, 2021
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The GBP was under great pressure last week leading on from the Bank of England’s decision to keep interest rates on hold the previous week. The prior weeks before the decision, Sterling had gained on strong market expectations of an interest rate hike which have now been clawed back. A bout of economic releases, for […]
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- Posted by Shyam Gokani in Rate Alerts
- November 15, 2021
- No Comments
The GBP was under great pressure last week leading on from the Bank of England’s decision to keep interest rates on hold the previous week. The prior weeks before the decision, Sterling had gained on strong market expectations of an interest rate hike which have now been clawed back. A bout of economic releases, for […]
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- Posted by Shyam Gokani in Rate Alerts
- November 11, 2021
- No Comments
The Dollar has continued it’s resurgence against both Sterling & Euro as inflation climbs to a 30 year high hitting 6.2%. Pressure is mounting on The Fed Reserve to raise interest rates as inflation has continued to intensify after seeing a rise in energy costs, continued supply shortages and an increase in consumption has sent […]
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