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Expert market insight and updates to help you navigate the ever changing global currency markets
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Bank of England’s “dovish hold” hints at December rate cutWhile tech stocks had their worst week since the Liberation Day sell-off in April, currency markets largely took the AI mini-crash in stride.
Bank of England hints at rate hike under orderly Brexit. Weak German industrial production numbers drag Euro down further.
How will today’s Bank of England meeting impact Sterling? Comments from the Reserve Bank of Australia hint at a rate cut in 2019.
Pound sinks on weak PMI data and Brexit uncertainty. The Euro failed to gain on updated revisions of crucial composite index figures.
US Dollar gains as investors unwind bearish FOMC bets. Sterling briefly appreciated on Monday afternoon on positive no deal Brexit news.
Dovish Fed boosts EM currencies as Sterling plummets on hard Brexit fears. Nissan announces that it's cancelling plans to manufacture in the UK.
Euro slides as Italy enters into first recession in 5 years. Sterling slides as the latest PMIs suggest that Brexit is having an impact on UK businesses.
Federal Reserve signals rate hike cycle may be at an end. Theresa May returns to EU leaders to find an alternative to the NI ‘backstop’.
Pound slides as MPs vote in favour of renegotiating NI ‘backstop’. The Fed will release it’s latest policy announcement this evening.
US Dollar eases back ahead of Fed meeting. MPs to vote on amendments to Theresa May’s Brexit bill today, with any strong support likely to move Sterling.
End of US government shutdown provides no help for Dollar. Another dovish statement from Draghi lowers expectations of an interest hike for the EU.
