GBP: Economy’s outlook depends on data

Activity has remained quite steady this week with gains from the pound against the US dollar and euro. UK growth is expected to be lower than the eurozone, which could keep the BofE from tightening much further. Focus this week remains on Governor Bailey’s speech...


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UK house prices fall to 11-year low

The pound received a gentle boost against other major currencies yesterday following the Windsor Framework agreement made by prime minister Rishi Sunak on Monday. The prime minister has faced backlash from the SNP in light of this deal. Alyn Smith MP, said “Rishi...


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Pound rebounds as UK-EU relations improve

Sterling enjoyed a brief flurry against most other currencies yesterday when the news of the ‘Windsor Framework’ came through. Although yesterday’s boost didn’t last long or amount to very much, it’s easy to forget how far we’ve come. Not so long ago in these messages...


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USD: All eyes on CB Consumer Confidence

On Monday, Federal Reserve Governor Philip Jefferson delivered a speech on ways to measure and characterize recent inflation in the US, as well as the dual mandate yesterday at an online event hosted by Harvard University. Jefferson’s speech did not seem to trigger...


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