The Fed moves into focus
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As written about in yesterday’s update, Covid cases have been falling since England abolished all restrictions Monday last week. Yesterday, the... Read More >
Economic Updates
Delta variant troubles the pound
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Sterling had another tough session yesterday with GBPUSD falling to five-and-half-month lows. A surge in infections in the UK caused largely ... Read More >
UK prepares for its ‘big bang’
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Markets are still digesting the news confirming the ‘big bang’ reopening of the economy and the lifting of all restrictions.
GBP has reacted... Read More >
All eyes on the Bank of England
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GBP had a third consecutive day of recovery against the USD and briefly went through the 1.40 barrier, but swiftly retreated to 1.3950. Against... Read More >
Data back in the driver’s seat
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The UK has taken its long-awaited next step in reopening the economy, with indoor hospitality restrictions being lifted. Fears around the so-ca... Read More >
Bank of England to ease QE programme
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Yesterday’s MPC meeting painted a very mixed picture. Although no changes to policy were expected and interest rates are to remain where they a... Read More >
A big day for Sterling
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The Pound had marginal gains against both the euro and dollar yesterday where it tested the key 1.16 level against the single currency. Sterlin... Read More >
Yet another masterpiece
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All eyes were on the US Federal Reserve yesterday, as markets geared up to digest another meeting of the monetary committee. The world’s most p... Read More >
Market Likes Steady ECB
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Yesterday the majors sat in a fairly tight trading range as some key data points from Europe and the US were awaited. The ECB kept its monetary... Read More >
UK inflation data fails to excite sterling
Good afternoon,
Inflation data published yesterday morning by the Office for National Statistics showed that YoY CPI rose to 1.1% in March from 0.9% in Febru... Read More >