Posts Tagged ‘Inflation’
Market Insights: Currency Trends, Gold Rally, and FTSE 100 Volatility
Foreign Exchange Market Overview: GBP, EUR, and USD In recent weeks, the foreign exchange market has experienced significant fluctuations, particularly among the British Pound (GBP), Euro (EUR), and US Dollar (USD). These movements have been influenced by various geopolitical events, economic policies, and market sentiment. Euro (EUR) Performance and Outlook The Euro has demonstrated notable…
Read MorePound Resilient Amid Tariff Tensions and Central Bank Shifts
GBP The Pound held firm last week, supported by comments from Bank of England (BoE) Deputy Governor Dave Ramsden, who emphasised the need for a gradual approach to rate cuts. Investors continue to expect the BoE’s easing cycle to be more measured than other major central banks, with markets pricing in two rate cuts this…
Read MoreGBP Surges to 2025 High as UK Economy Shows Resilience
British Pound (GBP): The British Pound has been on an upward trajectory against the US Dollar, reaching its highest level in 2025. This appreciation is largely driven by stronger-than-expected UK GDP data, which showed an unexpected 0.1% growth in the fourth quarter of the previous year—reinforcing confidence in the UK’s economic resilience. Against the Euro,…
Read MoreGBP Awaits GDP Data, Lagarde & Powell in Focus
Currency Pairs – Mid-Market Rates Currency Pair Rate GBP – USD 1.2405 GBP – EUR 1.2030 EUR – USD 1.0310 Interest Rates & Inflation Country Interest Rate Inflation Eurozone 2.9% 2.5% UK 4.5% 2.5% US 4.5% 2.9% GBP EUR USD We specialise in helping businesses and individuals manage foreign exchange risks through expert insights, personalised…
Read MorePound Holds Firm Ahead of BoE Decision, Euro Struggles, and Dollar Gains on Market Uncertainty
GBP The British Pound is behaving like a safe-haven currency as markets react to the latest U.S. tariff announcements from President Trump. While the U.S. Dollar is strengthening, the Pound is holding up well. This suggests that investors see the UK as less vulnerable to tariffs compared to major exporters like the Eurozone. The UK…
Read MoreSterling Holds Firm, Dollar Faces Volatility, and Euro Eyes Economic Challenges
Currency Pairs (Mid-Market Rates) Interest Rates Inflation UK Tuesday – Claimant Count Change:The Pound held steady after UK wage growth data surprised to the upside. Average Earnings (Excluding Bonus) rose by 5.6%, beating expectations and highlighting robust wage growth. However, weak labour growth (+35K workers) and a higher unemployment rate (4.4% vs. 4.3% prior) reveal…
Read MoreSterling Gains Ground, Eurozone Inflation in Focus, and USD Eyes Jobs Report for Direction
GBP Sterling has held up well following its shaky start to the new year, trading firmly above 1.20 against the Euro (currently 1.2051) and pushing above 1.25 against the Dollar (currently 1.2570). It’s a quiet week ahead for UK data. This morning’s BRC Like-for-Like Retail Sales figures for December came in at +3.1%, significantly beating…
Read MoreSterling Holds Firm, Euro Weakens, Dollar Gains as US Election and Central Banks Take Focus
GBP Sterling has been one of the best-performing major currencies in 2024, thanks to the Bank of England’s cautious stance on cutting interest rates and better-than-expected economic data earlier in the year. If the upcoming budget is well received, and the BoE continues to take a measured approach to rate reductions, the Pound could maintain…
Read MoreGBP Struggles Amid Middle East Tensions, Focus Shifts to ECB and Fed Rate Moves
GBP The Pound Sterling started the week on the back foot, weakening against its major peers as market sentiment took a hit. At the time of writing, GBP|USD and GBP|EUR are trading at 1.3098 and 1.1913, respectively. Growing tensions in the Middle East, particularly between Iran and Israel, have sparked concerns. Over the weekend, Israel…
Read MoreSterling Rises on Strong UK Inflation, Markets Eye Fed’s Interest Rate Decision
GBP The British Pound strengthened during Wednesday’s London session following hotter-than-expected UK inflation data for August. At the time of writing, GBP|USD was nearing 1.3220, while GBP|EUR held around 1.1875. Volatility is expected later today with the Federal Reserve’s monetary policy decision at 18:00 GMT. According to the Office for National Statistics, core Consumer Price…
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