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
GBP Queen Elizabeth II passed away aged 96 years last Thursday, and the UK is now in a period of mourning for our longest-standing monarch in history, with a new
In Liz, we trust? The new PM is here, but can she spare the Pound from parity with the Dollar or, worse, the Euro? The BOE and ECB have their
The dollar has slipped from its recent two-decade high of 109.47 on Monday, suggesting the end of the rally sparked by Powell’s hawkish Jackson Hole speech last Friday. The US economy also
Last week, Fed speaker and president Daly rallied the dollar with her bullish comments regarding inflation, saying, “our work is far from done yet”. She was unequivocal that although rate
After a strong market reaction to US inflation data last week, markets have begun to cool as increased risk on the horizon sunk investor sentiment. The Euro rallied with the
Last Friday, Nonfarm Payrolls increased by 528,000 in July, beating the market expectation of 250,000. Average Hourly Earnings remained unchanged at 5.2%, and more good news followed, with the unemployment rate dropping
