by Charles Purdy | Jul 24, 2023
Sterling has launched into the week on the upswing, rising by close to 0.5% in minutes. It’s probably down to German economic data just out. You can lock that in with a forward contract, with a call to your trader on 020 8108 5163. This morning we’ll be seeing...
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by Julian Benson | Jul 24, 2023
The pound starts this week relatively unchanged from Friday against its major rivals after UK inflation figures caused it to fall. Compared to last Monday, GBP/USD is trading 1.75% lower and GBP/EUR is close to 0.5% lower. However, this morning’s reports have...
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by Julian Benson | Jul 24, 2023
On Wednesday evening (UK time) the Federal Reserve is expected to hike interest rates 25 basis points from 5.25% to 5.5%. This comes following the FOMC’s decision to leave rates unchanged in June. For more on currencies and currency risk management strategies, please...
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by Julian Benson | Jul 24, 2023
This Thursday, policymakers from the European Central Bank will announce the latest interest rate for the Euro Area. Markets expect a 25-basis point rise, which would take the rate to 4.25%. However, Tuesday brings Germany’s Ifo business climate and Thursday brings...
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by Julian Benson | Jul 24, 2023
The Bank of England isn’t due to release its latest interest rate until August 3, but investors remain cautious following the previous monetary tightening and slower-than-expected UK inflation figures.
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