As the United Kingdom currently navigates a complex economic landscape characterized by striking workers, low productivity, and a challenging housing market, attention has turned to the potential impact on growth
As markets opened this morning, the start of 2023 has been marked by immediate volatility. The EUR and GBP both saw significant drops against the Dollar, with the EUR experiencing
GBP had a solid week breaking the psychological level of 1.20 and is now trading between 1.21 to 1.23 against the Dollar. Momentum was mainly driven by an increase in
As we approach the Thanksgiving holiday in the USA, we can expect lower liquidity in the market but keep your eyes on it as we tend to have more volatility
Higher and for longer! Last week Fed Chair Powell turned more hawkish and delivered another bumper 0.75% interest rates hike for the fourth time in a row. To counter the
After a rough couple of weeks for the UK, the Pound finally found support when Rishi Sunak was named the third UK prime minister in two months as GBPUSD finished
It has been quite the month for British politics with U-Turns and dismissals. The drama is far from over as the new chancellor, Jeremy Hunt, who replaces Kwarteng reversed the
Is the worst over for Sterling? With no financial forecast or data backing the not-so-mini budget, we could see further volatility this week. Markets will look for any clues or
GBP/USD made a new all-time low at 1.0350, and parity with the Dollar looks possible. The primary catalyst for Sterling’s fall was the not so “mini-budget” revealed on Friday, shocking
We jump into another volatile week with the Federal Reserve interest rate decision out on Wednesday afternoon, followed by the Bank of England on Thursday. USD Last week US Core