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This weeks currency exchange news In the coming week, investors will be looking at a spate of U.S. data, including Wednesday’s retail sales report, for more insight into whether the Federal Reserve’s aggressive rate hikes are cooling the economy. Moreover, the U.K. government is finally to announce its new budget plan and investors will be …
Let’s take a look at this week’s currency exchange news and how it could affect you buying to selling your property in Spain As global investors have repeatedly had their hopes dashed by the Federal Reserve for a pivot away from an aggressive rate hike campaign, many market participants will be keenly awaiting the …
This week´s currency exchange news. Pound rocked by BoE’s bleak economic forecasts Staying on top of the latest currency news can help you time your transfers more effectively, so find out what you should be looking out for over the next couple of weeks… Latest currency news The past couple of weeks have seen …
This week´s currency exchange news 16th August 2022 Read More »
Currency exchange news – 18th July 2022 GBP Currency exchange news A quiet Friday for the Pound saw it gain very slight support during the day. This was due to a combination of virtually no domestic data and strengthening risk appetite which saw the Dollar slip a bit. The Pound had a good week against …
4 ways to protect yourself from the ups and downs of exchange rates You don’t need to be an expert to know that exchange rates have been a bit volatile recently – Coronavirus and Brexit are just two of the reasons things have been a little unsettled. But the good news is there are some …
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This week’s currency exchange news – How does it affect you? European stock markets are expected to open sharply lower this morning, continuing the global sell-off after red-hot inflation data in the US raised fears of aggressive Federal Reserve monetary tightening. Following the data release, the dollar climbed to a near four-week high against a …
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Currency exchange news. The financial markets had another traumatic week as investors adjusted their portfolios to reflect rising interest rates. As expected, last week’s volatility centred around Washington and London. On Wednesday, the Federal Reserve announced its interest rate decision, followed by the Bank of England on Thursday. The Fed raised the cost of borrowing …
Last week was one of the most volatile weeks in the financial markets in living memory. As the geopolitical news worsened and sanctions increased on Russia, risk sentiment and financial instruments gyrated wildly. Over the week, unsurprisingly, due to it being seen as a safe haven currency, the dollar appreciated against nearly all of its …
Risk sentiment gradually worsened last week, and as it did, the dollar became more attractive to investors leading it to close broadly higher on Friday. Sterling also had a good week, ignoring the trials and tribulations that Boris Johnson is undergoing instead focusing on the ending of Plan B Covid restrictions. Markets are becoming increasingly …
This weeks currency exchange news Last week contained no less than 30 central bank meetings and certainly ended with some surprises. The largest was probably from the Bank of England as they raised the base rate to .25%, having shunned the opportunity last month The continuing rise in inflation appears to have unsettled central banks, …